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Biogen Exercises Option to Participate in the Development and Commercialization of a Late-Stage Bispecific Antibody

Biogen Exercises Option to Participate in the Development and Commercialization of a Late-Stage Bispecific Antibody

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CAMBRIDGE, Mass., Feb. 01, 2022 (GLOBE NEWSWIRE) — Biogen Inc. (Nasdaq: BIIB) today announced that it exercised its option to participate in the development and commercialization of mosunetuzumab. Biogen will pay a $30 million one-time option fee to Genentech, a member of the Roche Group, as part of the companies’ long-standing collaboration on antibodies targeting CD20.

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