Biogen Idec to Acquire Fumapharm AG; Consolidates Ownership of Oral Compound BG-12 Being Studied for Multiple Sclerosis.

Business WireMay 31, 2006

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Biogen Idec to Acquire Fumapharm AG; Consolidates Ownership of Oral Compound BG-12 Being Studied for Multiple Sclerosis.

CAMBRIDGE, Mass. and LUCERNE, Switzerland -- Biogen Idec (NASDAQ: BIIB) and Fumapharm AG, a privately held pharmaceutical company, today announced that they have signed a definitive agreement for the acquisition of Fumapharm by Biogen Idec.

Fumapharm AG, founded i...

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