Is Switzerland Becoming Europe's Biotech Capital?
Biogen Idec's decision to move its international headquarters from Paris to Switzerland reflects the growing size, and changing structure, of its international business. It also increases Switzerland's already strong allure as Europe's friendliest biotech hub.
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Antegren: Shaking Up the MS Market?
The dynamics of specialty chronic care markets suggest that Biogen Idec and Elan's highly anticipated Antegren may have trouble turning the scrappy $3.5 billion MS market on its head, at least right away.
Graffinity/MyoContract: Two Problems, One Solution
By merging with Swiss product development group MyoContract, Germany's Graffinity addresses its two key issues at once: a lack of products, and poor prospects for a viable listing in its home market. Europe's industry needs more such deals, but making them happen isn't easy.
The US: To Go, or Not to Go?
Whether or not European biotechs should establish operations in the US may seem like a no brainer: it's the biggest drugs market, with more potential partners, better funding, more promising exits for investors and a more experienced management pool than Europe. But getting there-and getting noticed-isn't easy. And since most executives agree that going to the US half-heartedly isn't worthwhile, Europe's biotechs need to think hard about when and whether they're ready to go. For a minority, setting up in the US may not be the right solution-for now.