Biotechnology Business

Biogen Idec Announces First Startup in Its Innovation Incubator

Published in Obesity and Diabetes Week, December 31st, 2007

Biogen Idec (NASDAQ: BIIB) announced the first occupant in its Biogen Idec Innovation Incubator (bi3). Bi3 is a corporate initiative designed to contribute to the company's drug development pipeline by offering entrepreneurial scientists the opportunity to rapidly convert novel biological insights into life-saving and life-changing therapies.

The company, Escoublac, is based on the discovery of a new link between bone biology and metabolism by Gerard Karsenty, MD, PhD, professor and chair of Genetics & Development at Columbia University Medical Center (CUMC). Dr. Karsenty, in addition to his position at CUMC, will be key scientific advisor at Escoublac. His goal in...

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Source: Obesity and Diabetes Week (2007-12-31)

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