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Biogen — Deal History & Benchmarks

Total Deals
4
Across 4 therapeutic areas
Total Deal Value
$7.1B
Cumulative transaction value
Most Active Year
2024
1 deal closed
Primary TA
Immunology & Autoimmune
25% of deal activity

Market Analysis

Biogen has been involved in 4 transactions totaling $7.1B across Immunology & Autoimmune, Rare Disease, Women's Health, Neurology & CNS. As both a licensor and licensee, they have demonstrated a collaborative partnership model.

Key transactions include Ionis Pharmaceuticals ($2.6B, 2018), HI-Bio ($1.8B, 2024), Sage Therapeutics ($1.5B, 2023).

Their deal activity is concentrated in Immunology & Autoimmune (25%) with Monoclonal Antibody and ASO assets representing their most common deal types.

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Frequently Asked Questions

How many deals has Biogen done?
Biogen has completed 4 verified transactions tracked in our database, spanning from 2018 to 2025. These deals have a combined value of $7.1B.
What is Biogen's typical deal structure?
Based on 4 deals, Biogen's transactions show a median upfront payment of $548M. Their most common deal type is collaboration, reflecting a collaborative partnership model.
What therapeutic areas does Biogen focus on?
Biogen is primarily active in Immunology & Autoimmune (25%), Rare Disease (25%), Women's Health (25%).
How has Biogen's deal activity trended over time?
Biogen's most active period was 2024 with 1 transaction. Their deals span 8 years of activity from 2018 to 2025.
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