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Biogen Is More Likely to Be a Buyer Than Seller

Biogen Is More Likely to Be a Buyer Than Seller

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As the prospects for its once-promising Alzheimer’s drug continue to dim, Biogen Inc. ( BIIB , Financial) is reportedly exploring strategic options, including selling itself or acquiring a smaller bioscience company. The Boston-area biotech has gone so far as to hire Goldman Sachs Group Inc. ( GS , Financial) to put together a roster of potential acquisition targets, Stat reports, citing a person familiar with the companies’ relationships.

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