| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | acquisition_addition | completed | 2026-05-14 | 2026-05-14 | United States | Specialized Immunology (SYFOVRE, EMPAVELI) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Apellis acquisition closed 2026-05-14; headcount added not quantified. Apellis unvested equity awards converted to $416.3M cash awards, of which ~$116.0M recognized at close for employees terminated upon acquisition. | |||
| 2026-06-30 | restructuring | in_progress | 2026-05-14 | Not specified | Enterprise (Apellis integration) | USD 153 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net pre-tax restructuring charges for Q2 and YTD 2026; primarily employee severance and acceleration of double-trigger bonus payments. Employee count not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | 2026-01-01 | Not specified | Enterprise (Fit for Growth program) | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD 2026 expense of $7.9M against workforce-reduction reserve; reserve balance $35.9M at 2026-06-30. Employee count for current-period actions not disclosed; program historically reduced ~1,400 net headcount through 2025. | |||
| 2026-06-30 | restructuring | in_progress | 2026-05-14 | Global | Apellis Integration | USD 153 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recognized $153.2M net pre-tax restructuring charges for Q2 2026, primarily employee severance and accelerated bonus payments. Employee count not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | 2023-01-01 | Global | Fit for Growth Program | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recognized $7.9M in restructuring charges for Q2 2026 related to severance costs. Program initiated in 2023 with ~1,400 net headcount reductions total. | |||
| 2026-06-30 | restructuring | in_progress | USD 165,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-06-30 | restructuring | in_progress | Apellis Integration [Member] | USD 153,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Workforce Reduction [Member] | USD 165,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | 1,400 | 2023 Cost Saving Initiatives [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2026-03-31 | restructuring | in_progress | 2023-01-01 | Global | Company-wide | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2026 severance charges under Fit for Growth; reserve $13.6M at quarter-end. Program-wide totals (1,400 net headcount reductions, ~$320M charges) are cumulative through end of 2025, not current-period. | |||
| 2026-03-31 | acquisition_addition | announced | 2026-03-31 | United States | Company-wide | USD 5,600 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement for Apellis at $41.00/share (~$5.6B) plus CVRs up to $4.00/share; no headcount disclosed. Funded with ~$3.6B cash and ~$2.0B bank loans. | |||
| 2026-03-31 | acquisition_addition | completed | 2025-11-01 | 2026-01-31 | United States | R&D / Manufacturing | USD 85 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed Nov 2025; $35M contingent payment made Jan 2026 upon FDA approval. No headcount disclosed. | ||
| 2026-03-31 | acquisition_addition | announced | 2026-04-01 | Greater China | R&D / Commercial | USD 100 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | April 2026 agreement for felzartamab China rights; $100M upfront to be expensed in Q2 2026. No headcount disclosed. | |||
| 2026-03-31 | restructuring | in_progress | 2023-01-01 | Global | Various | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fit for Growth program initiated in 2023. Q1 2026 charges of $7.9M related to severance costs. Program generated ~$1.0B gross savings by end of 2025 with net headcount reductions of ~1,400 employees historically. | |||
| 2026-03-31 | restructuring | in_progress | USD 7,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-03-31 | restructuring | in_progress | Workforce Reduction [Member] | USD 7,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | 1,400 | 2023 Cost Saving Initiatives [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2025-12-31 | restructuring | in_progress | 1,400 | 2023-01-01 | Global | Company-wide | USD 49 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cumulative through fiscal year-end: net headcount reductions of approximately 1,400 employees and total restructuring charges of approximately $320.0 million by end of 2025. FY2025-specific charges were $48.7M severance ($57.4M total charges); FY2025 employees affected not separately disclosed. Program generated approximately $1.0 billion in gross operating expense savings by end of 2025. | ||
| 2025-12-31 | acquisition_addition | completed | 2025-11-30 | 2025-11-30 | United States | R&D / Clinical-stage biotechnology | USD 85 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed November 2025; accounted for as an asset acquisition. Total consideration of approximately $85.0 million recorded to acquired IPR&D, upfront and milestone expense. Headcount added not disclosed. | ||
| 2025-12-31 | divestiture_reduction | completed | 2025-03-31 | 2025-07-31 | United States | Biosimilars | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of U.S. regulatory and commercial rights for TOFIDENCE to Organon completed March 2025; payment of approximately $51.0 million received July 2025. Headcount removed not disclosed. | |||
| 2025-12-31 | divestiture_reduction | completed | 2025-10-31 | 2026-01-31 | Europe | Biosimilars / Ophthalmology | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of remaining European commercial rights completed October 2025; payment of $28.0 million received November 2025. Transfer of BYOOVIZ rights back to Samsung Bioepis effective January 2026. Headcount removed not disclosed. | |||
| 2025-12-31 | restructuring | completed | 1,400 | 2023-01-01 | 2025-12-31 | Global | All Functions | USD 320 (millions) | Item 1. Business - Human Capital f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2023 Fit for Growth program included net headcount reductions of approximately 1,400 employees. Total restructuring charges incurred were approximately $320.0 million by the end of 2025. | |
| 2025-12-31 | restructuring | in_progress | 1,400 | 2023-01-01 | 2025-12-31 | Global | All Functions | USD 320 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2023 Fit for Growth program. Net headcount reductions of approximately 1,400 employees. Total restructuring charges of approximately $320.0 million incurred by the end of 2025. | |
| 2025-12-31 | restructuring | in_progress | USD 48,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2025-12-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD -1,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 10,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 48,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | 1,400 | 2023 Cost Saving Initiatives [Member] | USD 57,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2025-12-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / Reata Integration [Member] | USD 6,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Research and Development Expense [Member] / Reata Integration [Member] | USD 14,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Restructuring Charges [Member] / Reata Integration [Member] | USD -700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Reata Integration [Member] | USD 20,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Workforce Reduction [Member] | USD 48,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | 1,400 | 2023-01-01 | 2025-12-31 | Global | Company-wide | USD 310 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fit for Growth program initiated in 2023; net headcount reductions of approximately 1,400 employees; total charges substantially achieved as of September 30, 2025; expected to generate ~$1.0B gross opex savings by end of 2025 | |
| 2025-09-30 | acquisition_addition | announced | 2025-09-01 | 2025-12-31 | United States | R&D / Medical Devices | USD 85 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Alcyone Therapeutics; $85.0M upfront cash payment upon closing; to be accounted for as asset acquisition; headcount not disclosed | ||
| 2025-09-30 | restructuring | in_progress | 2023-01-01 | 2025-12-31 | Global | All functions | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fit for Growth program initiated in 2023. Estimated net headcount reductions of approximately 1,400 employees. Total expected restructuring charges of approximately $310.0 million, substantially achieved as of September 30, 2025. Q3 2025 charges were $7.4 million. | ||
| 2025-09-30 | restructuring | completed | 2023-09-01 | 2023-12-31 | Global | Reata Integration | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reata integration plan. Estimated total integration charges of approximately $35.0 million related to severance and employment costs, substantially incurred during 2023. Q3 2025 charges were $5.4 million, primarily accelerated depreciation and other costs. | ||
| 2025-09-30 | restructuring | in_progress | USD 7,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-09-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD 400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 7,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | 1,400 | 2023 Cost Saving Initiatives [Member] | USD 8,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2025-09-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / Reata Integration [Member] | USD 1,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Research and Development Expense [Member] / Reata Integration [Member] | USD 3,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Restructuring Charges [Member] / Reata Integration [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Reata Integration [Member] | USD 5,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Employee Severance [Member] / 2023 and 2022 Cost Saving Initiatives [Member] | USD 7,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | 1,400 | 2023 | 2025-12-31 | Global | Company-wide | USD 300 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program targets ~$1.0B gross operating expense savings by end of 2025; expected total charges $300–310M, with ~$300M cumulative as of 2025-06-30. Headcount figure is net reduction estimate for full program, not a quarterly delta. | |
| 2025-06-30 | restructuring | completed | 2023-09 | 2023-12-31 | United States | Reata acquisition integration | USD 35 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Estimated total integration charges of ~$35M for severance and employment costs, substantially incurred during 2023. Employee count not disclosed. | ||
| 2025-06-30 | restructuring | in_progress | 2023-01-01 | 2025-12-31 | Global | Multiple | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fit for Growth program initiated in 2023. Total estimated headcount reduction of approx. 1,400 employees. Q2 2025 charges of $0.9M include accelerated depreciation and other costs; no severance costs recorded in Q2. Cumulative charges approx. $300M. | ||
| 2025-06-30 | restructuring | in_progress | 2023-09-01 | Global | Multiple | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reata integration plan. Q2 2025 charges of $5.8M primarily accelerated depreciation and other costs. Total estimated integration charges approx. $35M. | |||
| 2025-06-30 | restructuring | in_progress | USD -700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-06-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD 700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 1,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD -1,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | 1,400 | 2023 Cost Saving Initiatives [Member] | USD 900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2025-06-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / Reata Integration [Member] | USD 1,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Research and Development Expense [Member] / Reata Integration [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Restructuring Charges [Member] / Reata Integration [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Reata Integration [Member] | USD 5,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Employee Severance [Member] / 2023 and 2022 Cost Saving Initiatives [Member] | USD -700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | 2023-01-01 | 2025-12-31 | Global | Company-wide | USD 35 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fit for Growth program initiated 2023; cumulative net headcount reductions of ~1,400 employees and cumulative charges of ~$300M through 2025-03-31. Q1 2025 severance charge was $35.3M. Program targets ~$1.0B gross opex savings by end of 2025. No quarterly employee-affected count disclosed. | ||
| 2025-03-31 | restructuring | in_progress | 2023-09-01 | United States | Reata integration | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reata acquisition integration; total estimated integration charges ~$35M, substantially incurred during 2023. Q1 2025 restructuring charge was a $(0.2)M credit. No employee count disclosed for the quarter. | |||
| 2025-03-31 | restructuring | in_progress | 1,400 | 2023-01-01 | 2025-12-31 | Global | All functions | USD 300 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program initiated in 2023. Estimated net headcount reductions of approximately 1,400 employees. Total expected restructuring charges range from $300.0 million to $310.0 million. Cumulative charges incurred as of March 31, 2025, totaled approximately $300.0 million. | |
| 2025-03-31 | restructuring | in_progress | USD 35,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-03-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD -3,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 5,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 35,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | 1,400 | 2023 Cost Saving Initiatives [Member] | USD 36,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2025-03-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / Reata Integration [Member] | USD 1,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Research and Development Expense [Member] / Reata Integration [Member] | USD 2,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Restructuring Charges [Member] / Reata Integration [Member] | USD -200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Reata Integration [Member] | USD 3,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | 1,000 | 2023 | 2025-12-31 | Global | Company-wide | USD 50 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year cost-savings program initiated in 2023; the ~1,000 net headcount reduction is a program-level estimate, not FY2024-specific. FY2024 charges of $49.7M comprise $24.2M severance and $25.5M accelerated depreciation and other costs. Program targets approximately $1.0B in gross operating expense savings by the end of 2025, with total expected restructuring charges of $260.0–280.0M. | |
| 2024-12-31 | restructuring | in_progress | 2023-09 | Company-wide | USD 22 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year integration plan implemented following the September 2023 Reata acquisition; estimated total integration charges of approximately $35.0M for severance and employment costs were substantially incurred during 2023. FY2024 charges of $21.6M comprise $3.4M severance and $18.2M accelerated depreciation and other costs. | ||||
| 2024-12-31 | acquisition_addition | completed | 2024-07-02 | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Human Immunology Biosciences, Inc. completed July 2, 2024 for approximately $1.15B in cash plus up to $650.0M in potential milestone payments; the number of employees added to the workforce is not disclosed. | ||||||
| 2024-12-31 | restructuring | in_progress | 2024-07 | USD 3 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Integration plan implemented following the July 2024 HI-Bio acquisition, designed to realize operating synergies through cost savings and avoidance; approximately $2.6M of severance and employment costs were reflected in restructuring charges for the year ended December 31, 2024. | |||||
| 2024-12-31 | restructuring | in_progress | 2023-01-01 | 2025-12-31 | Global | Company-wide | USD 50 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program initiated 2023; cumulative net headcount reductions of approximately 1,000 employees and total expected charges of $260-280M. FY2024 charges were $49.7M ($24.2M severance, $25.5M accelerated depreciation/other). Program expected to generate ~$1.0B gross savings by end of 2025. | ||
| 2024-12-31 | acquisition_addition | completed | 2024-07-02 | 2024-07-02 | United States | Specialized Immunology | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Human Immunology Biosciences for $1.15B cash plus up to $650M contingent milestones. Headcount added not disclosed. HI-Bio operations had immaterial impact on results for FY2024. | |||
| 2024-12-31 | restructuring | completed | 2024-07-02 | 2024-12-31 | United States | Specialized Immunology | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Integration plan following HI-Bio acquisition; severance and employment costs incurred in FY2024. Employee count not disclosed. | ||
| 2024-12-31 | restructuring | in_progress | 2023-09-26 | 2024-12-31 | United States | Rare Disease / Corporate | USD 22 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reata integration charges in FY2024 totaled $21.6M ($3.4M severance, $18.2M accelerated depreciation/other). Total estimated integration charges ~$35M, substantially incurred in 2023. Employee count not disclosed. | ||
| 2024-12-31 | restructuring | in_progress | 1,000 | 2023-01-01 | 2025-12-31 | Global | Global | USD 260 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Initiated in 2023. Expected to generate $1.0 billion in gross operating expense savings by end of 2025. Estimated net headcount reductions of approximately 1,000 employees. Expected restructuring charges ranging from $260.0 million to $280.0 million. Charges incurred in 2024 were $49.7 million. | |
| 2024-12-31 | restructuring | completed | 2023-09-26 | 2023-12-31 | Global | Reata Integration | USD 30 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Integration plan following Reata acquisition. Estimated total integration charges of approximately $35.0 million related to severance and employment costs. Severance and employment costs were substantially incurred during 2023. $30.4 million incurred in 2023. | ||
| 2024-12-31 | restructuring | completed | 2024-07-02 | 2024-12-31 | Global | HI-Bio Integration | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Integration plan following HI-Bio acquisition. Incurred approximately $2.6 million of severance and employment costs in 2024. | ||
| 2024-12-31 | restructuring | completed | 2021-12-01 | 2026-12-31 | Global | 2022 Cost Saving Initiatives | USD 0 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Initiated in 2022. Charges related to these initiatives were substantially incurred during 2022 with remaining payments expected to be made through 2026. $0.4 million incurred in 2023. | ||
| 2024-12-31 | restructuring | in_progress | 1,000 | 2023 | 2025-12-31 | Global | All Functions | USD 260 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Fit for Growth program initiated in 2023. Estimated net headcount reductions of approximately 1,000 employees. Expected total restructuring charges ranging from $260.0 million to $280.0 million. Program expected to generate $1.0 billion in gross operating expense savings by end of 2025. | |
| 2024-12-31 | acquisition_addition | completed | 2024-07-02 | 2024-07-02 | Global | Immunology | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of HI-Bio completed July 2, 2024. Specific headcount added not disclosed in filing. | |||
| 2024-12-31 | restructuring | completed | 2024-07-02 | 2024-12-31 | Global | Immunology | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | HI-Bio integration plan. Incurred approximately $2.6 million of severance and employment costs in 2024. Specific headcount affected not disclosed. | ||
| 2024-12-31 | restructuring | in_progress | USD 30,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-12-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD 13,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 11,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 24,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | 2023 Cost Saving Initiatives [Member] | USD 49,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / Reata Integration [Member] | USD 6,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Research and Development Expense [Member] / Reata Integration [Member] | USD 11,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Restructuring Charges [Member] / Reata Integration [Member] | USD 3,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Reata Integration [Member] | USD 21,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Employee Severance [Member] / 2022 Cost Saving Initiatives [Member] | USD -2,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Accelerated Depreciation And Other Costs [Member] / 2022 Cost Saving Initiatives [Member] | USD 2,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Workforce Reduction [Member] / 2022 Cost Saving Initiatives [Member] | USD 400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Workforce Reduction [Member] | USD 30,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | 1,000 | 2023-07-01 | 2025-12-31 | Global | Company-wide | USD 270 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fit for Growth program; charges estimated at $260–280M total; expected to generate ~$1.0B gross operating expense savings by end of 2025. Reserve balance $40.2M at 2024-09-30. | |
| 2024-09-30 | acquisition_addition | completed | 2024-07-02 | 2024-07-02 | United States | Immunology / R&D | USD 56 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | HI-Bio acquisition closed 2024-07-02; $56.4M recognized as share-based compensation for accelerated vesting of HI-Bio employee equity awards ($42.5M R&D, $13.9M SG&A). Headcount added not disclosed. | ||
| 2024-09-30 | restructuring | in_progress | 2024-07-02 | 2024-12-31 | Global | Company-wide | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | HI-Bio integration plan; ~$1.5M severance and employment costs incurred in Q3 2024. | ||
| 2024-09-30 | restructuring | in_progress | 2023-09-26 | 2024-12-31 | Global | Company-wide | USD 38 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reata integration; total charges estimated at $35–40M, substantially incurred during 2023. Q3 2024 charges were $5.2M (severance $0.7M, accelerated depreciation/other $4.5M). | ||
| 2024-09-30 | restructuring | in_progress | 2023-07-01 | 2025-12-31 | Global | Global | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program initiated July 2023. Expected to generate $1.0 billion in gross operating expense savings by end of 2025. Estimated net headcount reductions of approximately 1,000 employees. Total expected restructuring charges $260.0 million to $280.0 million. Q3 2024 charges: $4.6 million severance, $12.6 million accelerated depreciation/other. | ||
| 2024-09-30 | restructuring | in_progress | 2023-09-26 | 2024-12-31 | Global | Reata Integration | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration plan following Reata acquisition. Estimated total integration charges $35.0 million to $40.0 million related to severance and employment costs, expected to be paid by end of 2024. Q3 2024 charges: $0.7 million severance, $4.5 million accelerated depreciation/other. | ||
| 2024-09-30 | restructuring | completed | 2024-07-02 | 2024-09-30 | Global | HI-Bio Integration | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration plan following HI-Bio acquisition. Incurred approximately $1.5 million of severance and employment costs reflected in restructuring charges for Q3 2024. | ||
| 2024-09-30 | restructuring | in_progress | USD 6,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-09-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD 9,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 3,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 4,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | 1,000 | 2023 Cost Saving Initiatives [Member] | USD 17,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2024-09-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / Reata Integration [Member] | USD 1,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Research and Development Expense [Member] / Reata Integration [Member] | USD 2,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Restructuring Charges [Member] / Reata Integration [Member] | USD 700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Reata Integration [Member] | USD 5,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Employee Severance [Member] / 2023 and 2022 Cost Saving Initiatives [Member] | USD 6,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | 1,000 | 2023-07 | 2025-12-31 | Global | Company-wide | USD 270 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced July 2023; filer discloses expected total charges of approximately $260.0M to $280.0M (midpoint shown) and net headcount reductions of approximately 1,000 employees; expected to generate ~$1.0B gross operating expense savings by end of 2025. Quarterly severance expense of $6.3M in Q2 2024 and $15.6M YTD 2024; restructuring reserve of $40.2M at 2024-06-30. No employees-affected count specific to the current quarter is disclosed. | |
| 2024-06-30 | restructuring | in_progress | 2023-09-26 | 2024-12-31 | Global | Reata integration | USD 38 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration plan following the September 26, 2023 Reata acquisition; expected total integration charges of approximately $35.0M to $40.0M (midpoint shown) for severance and employment costs, payable by end of 2024; substantially incurred during 2023. Q2 2024 total charges of $5.1M and YTD 2024 charges of $11.8M. No employee count disclosed. | ||
| 2024-06-30 | acquisition_addition | completed | 2024-07-02 | 2024-07-02 | United States | Immunology (Human Immunology Biosciences) | USD 1,150 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: acquisition of HI-Bio completed July 2, 2024 for ~$1.15B upfront plus up to $650.0M in contingent milestones; to be recognized in Q3 2024. No headcount added disclosed. | ||
| 2024-06-30 | restructuring | in_progress | 2023-07-01 | 2025-12-31 | Global | All functions | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program initiated July 2023. Expected to generate $1.0B gross operating expense savings by end of 2025. Estimated net headcount reductions of approximately 1,000 employees. Total expected restructuring charges $260M-$280M. Q2 2024 charges: $6.3M severance, $4.2M accelerated depreciation/other. | ||
| 2024-06-30 | restructuring | in_progress | 2023-09-26 | 2024-12-31 | Global | Reata Integration | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration plan following Reata acquisition. Estimated total integration charges $35M-$40M related to severance and employment costs, expected to be paid by end of 2024. Q2 2024 charges: $0.3M severance, $4.8M accelerated depreciation/other. | ||
| 2024-06-30 | restructuring | in_progress | USD 6,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-06-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 2,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 6,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | 1,000 | 2023 Cost Saving Initiatives [Member] | USD 10,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2024-06-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / Reata Integration [Member] | USD 1,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Research and Development Expense [Member] / Reata Integration [Member] | USD 3,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Restructuring Charges [Member] / Reata Integration [Member] | USD 300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Reata Integration [Member] | USD 5,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Employee Severance [Member] / 2023 and 2022 Cost Saving Initiatives [Member] | USD 6,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | 1,000 | 2023-07-01 | 2025-12-31 | Global | Company-wide | USD 270 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced July 2023; approximately 1,000 net headcount reductions. Expected charges of $260.0M–$280.0M (midpoint shown); ~$1.0B gross opex savings targeted by end of 2025. Q1 2024 charges totaled $15.6M. | |
| 2024-03-31 | restructuring | in_progress | 2023-09-26 | 2024-12-31 | United States | Reata integration | USD 38 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration severance/employment charges estimated at $35.0M–$40.0M (midpoint shown), substantially incurred in 2023, expected paid by end of 2024. Q1 2024 charges totaled $6.7M. No employee count disclosed. | ||
| 2024-03-31 | acquisition_addition | completed | 2023-09-26 | 2023-09-26 | United States | Rare disease (SKYCLARYS) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reata acquisition closed September 26, 2023; no headcount added through the acquisition is disclosed in this filing. | |||
| 2024-03-31 | restructuring | in_progress | 2023-07-01 | 2025-12-31 | Global | Multiple | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program initiated July 2023. Expected to generate $1.0B gross operating expense savings by end of 2025. Estimated net headcount reductions of approx. 1,000 employees. Total expected charges $260M-$280M. Q1 2024 charges: $9.3M severance, $6.3M accelerated depreciation/other. | ||
| 2024-03-31 | restructuring | in_progress | 2023-09-26 | 2024-12-31 | Global | Multiple | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration plan following Reata acquisition. Estimated total integration charges $35M-$40M related to severance and employment costs. Q1 2024 charges: $2.2M severance, $4.5M accelerated depreciation/other. | ||
| 2024-03-31 | restructuring | in_progress | USD 11,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-03-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD 1,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 4,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 9,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | 1,000 | 2023 Cost Saving Initiatives [Member] | USD 15,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2024-03-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / Reata Integration [Member] | USD 1,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Research and Development Expense [Member] / Reata Integration [Member] | USD 2,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Restructuring Charges [Member] / Reata Integration [Member] | USD 2,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Reata Integration [Member] | USD 6,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | 1,000 | 2023 | USD 213 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fit for Growth program initiated in 2023: approximately 1,000 net headcount reductions targeted. Expected total restructuring charges of $260.0M–$280.0M; $212.5M incurred in FY2023 ($153.4M severance, $59.1M accelerated depreciation and other). Program targets ~$1.0B gross / ~$800.0M net operating expense savings by 2025, some reinvested. | ||||
| 2023-12-31 | restructuring | in_progress | 2023 | 2024 | USD 30 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Reata integration plan implemented after the September 26, 2023 acquisition close, aimed at cost savings/avoidance. Primarily severance; approximately $30.4M net pre-tax charge recognized in FY2023, with severance payments expected to be completed by end of 2024. Employee count not disclosed. | ||||
| 2023-12-31 | acquisition_addition | completed | 2023-09-26 | 2023-09-26 | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Reata Pharmaceuticals completed September 26, 2023; Reata employee headcount added not disclosed. Approximately $983.9M paid for Reata outstanding equity awards (inclusive of employer taxes), of which $393.4M recognized as post-acquisition compensation ($196.4M SG&A, $197.0M R&D). | |||||
| 2023-12-31 | restructuring | in_progress | 1,000 | 2023-01-01 | 2025-12-31 | Global | Company-wide | USD 270 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Net headcount reductions of approximately 1,000 employees; expected restructuring charges range from $260.0M to $280.0M (midpoint shown). Program expected to generate ~$1.0B gross / $800M net operating expense savings by 2025. Charges incurred in FY2023 totaled $212.5M across SG&A, R&D, and restructuring lines. | |
| 2023-12-31 | acquisition_addition | completed | 2023-09-26 | 2023-09-26 | Global | Rare Disease / Neurology | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Reata completed 2023-09-26 for ~$7.19B total consideration. Headcount added not quantified in filing. Reata integration restructuring charges of ~$30.4M recognized in FY2023 for employee severance. | |||
| 2023-12-31 | restructuring | completed | 2023-09-26 | 2024-12-31 | Global | Reata integration | USD 30 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Integration plan severance charges of ~$30.4M net pre-tax recognized in FY2023; payments expected by end of 2024. Headcount affected not disclosed. | ||
| 2023-12-31 | other | completed | 2023-11-01 | Global | R&D — ADUHELM / Neurimmune collaboration | USD 60 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Termination of Neurimmune collaboration and discontinuation of ADUHELM; close-out costs of ~$60.0M recorded in R&D expense. Headcount impact not quantified. | |||
| 2023-12-31 | other | completed | 2023-09-01 | Global | R&D — EMBARK study (aducanumab) | USD 43 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Termination costs of ~$43.0M recorded in R&D expense. Headcount impact not quantified. | |||
| 2023-12-31 | other | completed | 2023-04-01 | Global | R&D — BIIB093 program | USD 13 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Close-out costs of ~$13.2M recorded in R&D expense. Headcount impact not quantified. | |||
| 2023-12-31 | divestiture_reduction | announced | 2024-01-01 | 2025-01-01 | Global | Commercial — FAMPYRA (Acorda collaboration) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Biogen notified Acorda of termination effective January 1, 2025; Acorda regains global commercialization rights to FAMPYRA. Announced after fiscal year-end but before filing date. Headcount impact not quantified. | |||
| 2023-12-31 | restructuring | in_progress | 1,000 | 2023-01-01 | 2025-12-31 | Global | Global | USD 270 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fit for Growth program initiated in 2023. Estimated net headcount reductions of approximately 1,000 employees. Expected restructuring charges ranging from $260.0 million to $280.0 million. Charges incurred in 2023 totaled $212.5 million (Note 4). | |
| 2023-12-31 | restructuring | completed | 2023-09-26 | 2024-12-31 | Global | Global | USD 30 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reata integration plan implemented following acquisition close. Recognized approximately $30.4 million of net pre-tax restructuring charges related to employee severance costs in 2023. Payments expected by end of 2024. | ||
| 2023-12-31 | restructuring | in_progress | 1,000 | 2023-01-01 | 2025-12-31 | Global | All Functions | USD 270 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Fit for Growth program initiated in 2023. Estimated net headcount reductions of approximately 1,000 employees. Expected restructuring charges ranging from $260.0 million to $280.0 million. | |
| 2023-12-31 | acquisition_addition | completed | 2023-09-26 | 2023-09-26 | Global | All Functions | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Reata Pharmaceuticals completed on September 26, 2023. Specific headcount added not explicitly disclosed in the narrative, but equity-based compensation of $393.4 million recognized for Reata employees. | |||
| 2023-12-31 | restructuring | in_progress | USD 218,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2023-12-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD 23,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 1,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 188,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | 1,000 | 2023 Cost Saving Initiatives [Member] | USD 212,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2023-12-31 | restructuring | in_progress | Restructuring Charges [Member] / Employee Severance [Member] / 2022 Cost Saving Initiatives [Member] | USD -2,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Restructuring Charges [Member] / Accelerated Depreciation And Other Costs [Member] / 2022 Cost Saving Initiatives [Member] | USD 2,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Restructuring Charges [Member] / Workforce Reduction [Member] / 2022 Cost Saving Initiatives [Member] | USD 400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Employee Severance [Member] / 2022 Cost Saving Initiatives [Member] | USD -2,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Accelerated Depreciation And Other Costs [Member] / 2022 Cost Saving Initiatives [Member] | USD 2,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Workforce Reduction [Member] / 2022 Cost Saving Initiatives [Member] | USD 400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Workforce Reduction [Member] | USD 181,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | 1,000 | 2023-07-31 | 2025-12-31 | Global | Company-wide | USD 115 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net headcount reduction of approximately 1,000 employees; program targets ~$1.0B gross operating expense savings by 2025. Charge shown is total 2023 Fit for Growth charges for the nine months ended 2023-09-30 (severance $62.6M plus accelerated depreciation/other $51.9M); Q3-only charges were $61.1M. Program announced July 2023. | |
| 2023-09-30 | acquisition_addition | completed | 2023-07-28 | 2023-09-26 | United States | Rare disease / neurology (Reata Pharmaceuticals) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Reata completed 2023-09-26 for ~$6.6B cash plus ~$983.9M for outstanding equity awards; no employee headcount added disclosed. Reata results consolidated from acquisition date. | |||
| 2023-09-30 | restructuring | in_progress | 2023-09-26 | 2024-12-31 | Global | Reata integration | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration plan expected to incur ~$30.0M of restructuring charges in 2023, primarily severance payable by end of 2024; ~$21.0M of net pre-tax charges recognized in Q3 and 9M 2023. Employee count not disclosed. | ||
| 2023-09-30 | restructuring | in_progress | 1,000 | 2023-07-01 | 2025-12-31 | Global | All functions | USD 115 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fit for Growth program initiated in 2023; estimated net headcount reduction of approx. 1,000 employees. YTD charges of $114.5M include severance and accelerated depreciation. | |
| 2023-09-30 | restructuring | in_progress | 2023-09-26 | 2024-12-31 | Global | Reata Integration | USD 21 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration plan following Reata acquisition; expected total charges of approx. $30.0M in 2023, primarily severance. YTD charges of $21.0M recognized. | ||
| 2023-09-30 | restructuring | in_progress | USD 76,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-09-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD 5,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 55,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | 1,000 | 2023 Cost Saving Initiatives [Member] | USD 61,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2023-09-30 | restructuring | in_progress | Restructuring Charges [Member] / Employee Severance [Member] / 2022 Cost Saving Initiatives [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Restructuring Charges [Member] / Accelerated Depreciation And Other Costs [Member] / 2022 Cost Saving Initiatives [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Restructuring Charges [Member] / Workforce Reduction [Member] / 2022 Cost Saving Initiatives [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Employee Severance [Member] / 2022 Cost Saving Initiatives [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Accelerated Depreciation And Other Costs [Member] / 2022 Cost Saving Initiatives [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Workforce Reduction [Member] / 2022 Cost Saving Initiatives [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Employee Severance [Member] / 2023 and 2022 Cost Saving Initiatives [Member] | USD 58,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | 2023 | Company-wide (SG&A, R&D and restructuring lines) | USD 53 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fit for Growth cost-saving measures initiated during 2023; charges for six months ended 2023-06-30 were $53.4M total, including $24.9M severance and $28.5M accelerated depreciation/other. Restructuring reserve was $32.3M at 2023-06-30. No employee counts disclosed. Related to the July 2023 Fit for Growth program announcement below. | ||||
| 2023-06-30 | restructuring | announced | 1,000 | 2023-07 | 2025 | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter announcement (July 2023) of a Fit for Growth program targeting approximately $1.0B gross operating expense savings, with about $300M reinvested in launches and R&D, yielding roughly $700M net savings by 2025; includes net headcount reduction of approximately 1,000. Headcount figure is approximate and no total workforce figure is disclosed for percentage calculation. | ||||
| 2023-06-30 | restructuring | in_progress | 2023-07-01 | 2025-12-31 | Global | Global | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced in July 2023 (subsequent to quarter-end). Program expected to generate $1.0 billion in gross operating expense savings by 2025, including net headcount reduction of approximately 1,000. | |||
| 2023-06-30 | restructuring | in_progress | 2023-01-01 | Global | Global | USD 46 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges incurred for the three months ended June 30, 2023, under the 'Fit for Growth' initiative. Includes $17.8 million in severance costs and $28.5 million in accelerated depreciation and other costs. Employee count not disclosed. | |||
| 2023-06-30 | restructuring | in_progress | 2023-01-01 | Global | Global | USD 53 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges incurred for the six months ended June 30, 2023, under the 'Fit for Growth' initiative. Includes $24.9 million in severance costs and $28.5 million in accelerated depreciation and other costs. Employee count not disclosed. | |||
| 2023-06-30 | restructuring | in_progress | 2022-01-01 | 2026-12-31 | Global | Global | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges incurred for the three months ended June 30, 2023, related to 2022 initiatives. Remaining payments expected through 2026. Employee count not disclosed. | ||
| 2023-06-30 | restructuring | in_progress | 2022-01-01 | 2026-12-31 | Global | Global | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges incurred for the six months ended June 30, 2023, related to 2022 initiatives. Remaining payments expected through 2026. Employee count not disclosed. | ||
| 2023-06-30 | restructuring | in_progress | USD 34,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-06-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2023 Cost Saving Initiatives [Member] | USD 11,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Research and Development Expense [Member] / 2023 Cost Saving Initiatives [Member] | USD 500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Restructuring Charges [Member] / 2023 Cost Saving Initiatives [Member] | USD 34,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | 2023 Cost Saving Initiatives [Member] | USD 46,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Restructuring Charges [Member] / Employee Severance [Member] / 2022 Cost Saving Initiatives [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Restructuring Charges [Member] / Accelerated Depreciation And Other Costs [Member] / 2022 Cost Saving Initiatives [Member] | USD 100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Restructuring Charges [Member] / Workforce Reduction [Member] / 2022 Cost Saving Initiatives [Member] | USD 100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Employee Severance [Member] / 2022 Cost Saving Initiatives [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Accelerated Depreciation And Other Costs [Member] / 2022 Cost Saving Initiatives [Member] | USD 100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Workforce Reduction [Member] / 2022 Cost Saving Initiatives [Member] | USD 100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Employee Severance [Member] / 2023 and 2022 Cost Saving Initiatives [Member] | USD 17,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | 2021-12 | Global | Company-wide (workforce reductions, ADUHELM commercial infrastructure, real estate consolidation, SG&A and R&D efficiencies) | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced December 2021 and expanded May 2022; total estimated charges ~$135.0M, substantially incurred during 2022. Q1 2023 net pre-tax restructuring charges of $9.6M (of which ~$7.1M employee severance). Restructuring reserve of $28.0M at 2023-03-31; payments expected through 2026. No employee headcount affected is disclosed in this filing. | |||
| 2023-03-31 | plant_closure | completed | 2022-03 | United States (Durham, North Carolina) | Patient services office | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company ceased use of the facility in March 2022, expediting ~$10.4M of depreciation in Q1 2022; lease assigned to a third party in May 2022. No employee count disclosed; included here as a disclosed facility-level workforce action under the same program. | ||||
| 2023-03-31 | restructuring | in_progress | 2022-05-01 | 2026-12-31 | Global | Selling, general and administrative; Research and development | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2022 Cost Saving Initiatives announced in Dec 2021 and May 2022. Q1 2023 charges of $9.6M included $7.1M in employee severance costs. Total estimated charges ~$135M. Payments expected through 2026. | ||
| 2023-03-31 | restructuring | in_progress | USD 9,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-03-31 | restructuring | in_progress | Minimum [Member] | USD 135,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Workforce Reduction [Member] | USD 7,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2021-12 | 2026 | Company-wide: workforce reductions; elimination of commercial ADUHELM infrastructure; real estate consolidation; SG&A and R&D efficiency gains | USD 131 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Program initially announced December 2021 and expanded May 2022, targeting roughly $1.0 billion of expense savings. FY2022 net pre-tax charges of $131.1M, of which $112.6M was employee severance tied to 2022 workforce reductions; $78.0M of severance was paid during the year, leaving a $35.9M reserve at December 31, 2022 expected to be paid through 2026. Also includes a $5.3M gain on the 300 Binney Street lease modification, $10.4M accelerated depreciation from ceasing use of a Durham, NC office, and $13.2M other restructuring costs. No count of employees affected was disclosed. | |||
| 2022-12-31 | restructuring | in_progress | 2021-12-01 | 2026-12-31 | Global | Company-wide (workforce reductions, ADUHELM commercial infrastructure, real estate consolidation, SG&A and R&D efficiency) | USD 131 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program announced December 2021 and expanded May 2022; expected to yield approximately $1.0 billion in expense savings. FY2022 net pre-tax restructuring charges of $131.1M, of which $112.6M was employee severance. $35.9M remained in the restructuring reserve at 2022-12-31 with payments expected through 2026. Employees affected count not disclosed. | ||
| 2022-12-31 | divestiture_reduction | completed | 2022-04-01 | 2022-04-30 | South Korea | Biosimilars (Samsung Bioepis joint venture) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Biogen's 49.9% equity interest in Samsung Bioepis to Samsung BioLogics completed April 2022; no headcount impact quantified in the filing. | |||
| 2022-12-31 | restructuring | in_progress | 2022-05-01 | 2026-12-31 | Global | Selling, general and administrative; Research and development | USD 131 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2022 Cost Saving Initiatives announced in December 2021 and May 2022. Estimated total restructuring charges of approximately $131.0 million, primarily related to severance. Payments expected to be made through 2026. | ||
| 2022-12-31 | restructuring | in_progress | 2022-05-01 | 2026-12-31 | Global | Various | USD 131 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced in Dec 2021 and May 2022. Includes workforce reductions, elimination of ADUHELM infrastructure, and real estate consolidation. Total estimated charges of $131.0 million, primarily severance. Payments expected through 2026. | ||
| 2022-12-31 | restructuring | in_progress | USD 131,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2022-12-31 | restructuring | in_progress | Workforce Reduction [Member] | USD 112,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | 2021-12 | 2022-12-31 | Global | Multiple — workforce reductions, elimination of commercial ADUHELM infrastructure, real estate consolidation, SG&A and R&D operating efficiencies | USD 124 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced December 2021 with additional measures announced May 2022; no employee count disclosed. $124.1M net pre-tax charges recognized in nine months ended 2022-09-30 ($15.4M in Q3), of which $110.2M YTD was employee severance. Expected total charges of approximately $130.0M to $150.0M, substantially incurred and paid by end of 2022. Restructuring reserve was $40.2M at 2022-09-30. Includes $10.4M accelerated depreciation from ceasing use of a Durham, NC office, $8.8M other restructuring costs from a May 2022 lease assignment, and a $5.3M gain from the September 2022 partial termination of the 300 Binney Street, Cambridge, MA lease. | ||
| 2022-09-30 | restructuring | in_progress | 2022-05-01 | 2022-12-31 | Global | Global Alzheimer's infrastructure, Selling, General & Administrative, Research & Development | USD 124 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2022 Cost Saving Initiatives announced in Dec 2021 and May 2022. Includes workforce reductions, elimination of ADUHELM commercial infrastructure, and real estate consolidation. YTD charges of $124.1M include $110.2M in severance. Expected to be substantially incurred and paid by end of 2022. | ||
| 2022-09-30 | restructuring | in_progress | USD 15,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-09-30 | restructuring | in_progress | Workforce Reduction [Member] | USD 21,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 2022-05 | 2022-12-31 | Global | Workforce reductions (primarily global Alzheimer's/ADUHELM commercial infrastructure), real estate consolidation, SG&A and R&D operating efficiencies | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2022 cost saving initiatives announced December 2021 and May 2022; expected total charges of $130.0M-$150.0M, primarily severance, substantially incurred and paid by end of 2022. $70.6M recognized in Q2 2022 and $108.7M in six months ended June 30, 2022 (incl. $88.6M severance for six months, $10.4M accelerated depreciation, $9.7M other restructuring costs). Restructuring reserve $52.2M at June 30, 2022. Number of employees affected not disclosed. | |||
| 2022-06-30 | restructuring | in_progress | 2022-05-01 | 2022-12-31 | Global | Global Alzheimer's infrastructure, Selling, General & Administrative, Research & Development | USD 109 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced in Dec 2021 and May 2022. Includes workforce reductions, elimination of ADUHELM commercial infrastructure, and real estate consolidation. Expected total charges $130M-$150M. Q2 2022 charges were $70.6M ($60.9M severance). YTD 2022 charges were $108.7M ($88.6M severance). Employee count affected not disclosed. | ||
| 2022-06-30 | restructuring | in_progress | USD 70,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-06-30 | restructuring | in_progress | Workforce Reduction [Member] | USD 60,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 2021-12 | 2022-12-31 | Global | Primarily global Alzheimer's infrastructure; also real estate consolidation and SG&A/R&D operating efficiency | USD 38 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2022 Cost Saving Initiatives announced Dec 2021 (expanded May 2022). Expected total charges $100–150M, primarily severance, substantially incurred and paid by end of 2022. Q1 2022 charges: $27.7M severance + $10.4M accelerated depreciation. No employee headcount affected disclosed. Restructuring reserve $21.5M at 3/31/22. | ||
| 2022-03-31 | other | announced | 2022-05-03 | Global | Executive leadership | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced search for new CEO; current CEO Michel Vounatsos to continue serving during interim period. | ||||
| 2022-03-31 | restructuring | in_progress | 2021-12-01 | 2022-12-31 | Global | Alzheimer's infrastructure, Selling, General and Administrative, Research and Development | USD 38 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced Dec 2021 and May 2022. Includes $27.7M employee-related costs (severance) and $10.4M accelerated depreciation for Durham, NC office closure. Total expected charges $100M-$150M. | ||
| 2022-03-31 | restructuring | in_progress | USD 38,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-03-31 | restructuring | in_progress | Workforce Reduction [Member] | USD 27,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-09-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-12-31 | acquisition_addition | completed | 2019-06-07 | 2019-06-07 | United Kingdom / United States | Ophthalmology research and development | USD 852 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total purchase price of $852.2 million; headcount added through the acquisition is not disclosed | ||
| 2019-12-31 | divestiture_reduction | completed | 2019-08 | 2019-08 | Hillerød, Denmark | Biologics manufacturing operations | USD 55 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of subsidiary to FUJIFILM Corporation; pre-tax loss on divestiture of $55.3 million after a $40.2 million Q4 reduction; employees removed through the sale are not quantified | ||
| 2019-12-31 | restructuring | in_progress | USD 2 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax restructuring and other exit-related costs of $1.5 million recognized in 2019; employees affected, geography, and completion timeline are not disclosed | ||||||
| 2019-12-31 | restructuring | completed | Global | Various | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Pre-tax restructuring and other exit-related costs of $1.5 million recognized in 2019. | ||||
| 2019-12-31 | restructuring | completed | Worldwide | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Pre-tax restructuring and other exit-related costs of $1.5 million recognized in 2019. Employee count not disclosed. | |||||
| 2019-12-31 | divestiture_reduction | completed | 2019-08-01 | 2019-08-01 | Denmark | Manufacturing | USD 55 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sale of biologics manufacturing operations in Hillerød, Denmark to FUJIFILM in August 2019. Pre-tax loss of $55.3 million recognized. Employee count not explicitly disclosed. | ||
| 2019-12-31 | restructuring | in_progress | USD 1,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2019-09-30 | restructuring | in_progress | USD 0 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges of $0.3M in Q3 2019 and $1.5M YTD 2019 disclosed in income statement; no employee counts, geographies, or program details provided. | ||||||
| 2019-09-30 | acquisition_addition | completed | 2019-06-07 | 2019-06-07 | United Kingdom | Ophthalmology R&D | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Nightstar Therapeutics plc completed 2019-06-07 for $852.2M total purchase price; no employee headcount added disclosed. | |||
| 2019-09-30 | divestiture_reduction | completed | 2019-08-01 | 2019-08-01 | Denmark | Biologics manufacturing (Hillerød) | USD 96 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Hillerød biologics manufacturing subsidiary to FUJIFILM completed 2019-08-01; pre-tax loss of $95.5M recognized; no employee headcount reduction disclosed. | ||
| 2019-09-30 | restructuring | completed | 2019-09-30 | Denmark | Manufacturing | USD 0 (millions) | financial_statements f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges of $0.3 million recorded for the three months ended Sept 30, 2019. Context suggests relation to Hillerød divestiture completed Aug 1, 2019, but specific employee count not disclosed. | |||
| 2019-09-30 | acquisition_addition | completed | 2019-06-07 | Global | R&D | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Nightstar Therapeutics plc completed June 7, 2019. Employee count not disclosed. | ||||
| 2019-09-30 | restructuring | in_progress | USD 300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-06-30 | acquisition_addition | completed | 2019-06-07 | 2019-06-07 | United Kingdom / United States | Ophthalmology research and development | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Nightstar Therapeutics plc completed June 7, 2019; headcount added not disclosed. Post-combination equity compensation of $26.2M expensed. | |||
| 2019-06-30 | divestiture_reduction | in_progress | 2019-03-01 | 2019-09-30 | Hillerød, Denmark | Biologics manufacturing operations | USD 113 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Share purchase agreement with FUJIFILM for Hillerød manufacturing subsidiary; assets and liabilities classified as held for sale in February 2019. Pre-tax loss of $113.2M recorded for six months ended June 30, 2019. Employee count affected not disclosed. | ||
| 2019-06-30 | restructuring | in_progress | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges of $1.2M for six months ended June 30, 2019 ($0.8M in Q2); no employee counts, program details, or completion dates disclosed in this filing. | ||||||
| 2019-06-30 | restructuring | in_progress | 2019-03 | 2019-09-30 | Denmark | Manufacturing | USD 113 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Proposed divestiture of Hillerød manufacturing operations. Pre-tax loss of $113.2M recorded for six months ended June 30, 2019, including $120M adverse commitment obligation. Transaction expected to close in Q3 2019. | ||
| 2019-06-30 | acquisition_addition | completed | 2019-06-07 | 2019-06-07 | Global | Ophthalmology | USD 852 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Nightstar Therapeutics plc completed June 7, 2019. Total purchase price $852.2M. Employee headcount not disclosed. | ||
| 2019-06-30 | restructuring | in_progress | USD 800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-03-31 | divestiture_reduction | in_progress | 2019-03-01 | 2019-12-31 | Hillerød, Denmark | Biologics manufacturing operations | USD 116 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Share purchase agreement with FUJIFILM for the Hillerød biologics manufacturing subsidiary; assets and liabilities classified as held for sale in Feb 2019. Filing discloses a $115.5M pre-tax loss on assets/liabilities held for sale (part of a ~$174.6M total estimated loss including tax) but does not quantify employees affected. | ||
| 2019-03-31 | restructuring | in_progress | USD 0 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges of $0.4M recorded for the three months ended March 31, 2019; no employee counts, geographies, or completion timing disclosed in this filing. | ||||||
| 2019-03-31 | restructuring | in_progress | 2019-03-31 | 2019-12-31 | Denmark | Manufacturing | USD 0 (millions) | financial_statements f5-10q / Qwen3.6-27B-Q8_0 | Filing discloses $0.4 million in restructuring charges for Q1 2019. While the filing details a proposed divestiture of the Hillerød, Denmark manufacturing operations with a $115.5 million loss on assets held for sale, it does not explicitly quantify the number of employees affected by this divestiture or the restructuring charges. | ||
| 2019-03-31 | restructuring | in_progress | USD 400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-12-31 | restructuring | in_progress | 2017-10-01 | Global | Corporate / cross-functional | USD 23 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2017 Corporate Strategy program; $22.9M total charges in FY2018 ($12.0M in restructuring charges, $10.9M in SG&A), primarily severance. Program targets redirecting up to $400M annually by 2020; employee headcount impact not disclosed. | |||
| 2018-12-31 | divestiture_reduction | completed | 2017-02-01 | 2017-02-01 | Global | Hemophilia business (Bioverativ) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off of hemophilia business completed February 1, 2017; headcount transferred not disclosed. Included for context as it affects workforce totals. | |||
| 2018-12-31 | plant_closure | completed | 2016-06-01 | 2016-12-31 | United States | Manufacturing — Cambridge, MA and Somerville, MA facilities | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Prior-year action (2016); Cambridge biologics manufacturing facility and Somerville warehouse closed. Severance charges substantially paid by Q1 2017. No FY2018 activity. | ||
| 2018-12-31 | restructuring | in_progress | 2017-10 | 2020-12-31 | Global | Various | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2017 Corporate Strategy program approved in Oct 2017 to streamline operations. $12.0 million in restructuring charges recognized in 2018 (primarily severance). Total non-recurring operating and capital expenditures expected to be approximately $135.0 million. Goal to redirect resources of up to $400.0 million annually by 2020. Employee count not explicitly disclosed for this action. | ||
| 2018-12-31 | restructuring | in_progress | 2017-10 | 2020-12-31 | Worldwide | Research and Development; Sales and Marketing | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2017 Corporate Strategy program. $12.0 million recognized in restructuring charges in 2018, primarily related to severance. Total non-recurring operating and capital expenditures expected to be approximately $135.0 million. Goal to redirect resources of up to $400.0 million annually by 2020. Employee count not explicitly disclosed for 2018 activity. | ||
| 2018-12-31 | divestiture_reduction | completed | 2017-02-01 | 2017-02-01 | Worldwide | Hemophilia Business | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Spin-off of hemophilia business (Bioverativ) completed on February 1, 2017. While this occurred in the prior year, it is the primary driver of workforce composition changes referenced in 2018 MD&A regarding 'leaner and simpler operating model' and reallocation of resources. No specific headcount reduction attributed to this event in the 2018 fiscal year flow metrics. | |||
| 2018-12-31 | restructuring | in_progress | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2018-12-31 | restructuring | in_progress | Restructuring Charges [Member] / 2017 Corporate Strategy [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2017 Corporate Strategy [Member] | USD 10,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 2017-10 | 2018-12-31 | Global | Corporate | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month 2018 charges; primarily severance. No employee count disclosed. Total program cost up to $170M; charges expected substantially paid in cash by end of 2018. | ||
| 2018-09-30 | restructuring | in_progress | 2017-10-01 | 2018-12-31 | Global | Corporate | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2017 Corporate Strategy program. Q3 2018 charges of $6.0M primarily related to severance. Expected to be substantially paid in cash by end of 2018. | ||
| 2018-09-30 | restructuring | in_progress | 2017-10-01 | 2018-12-31 | Global | Corporate | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2017 Corporate Strategy program. YTD 2018 charges of $9.2M primarily related to severance. Expected to be substantially paid in cash by end of 2018. | ||
| 2018-09-30 | restructuring | in_progress | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-09-30 | restructuring | in_progress | 2017 Corporate Strategy [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | 2017-10 | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2017 Corporate Strategy program approved October 2017; six months 2018 charges of $3.2M primarily severance, substantially paid as of 2018-06-30. No employee count disclosed. Program contemplates up to $170.0M total non-recurring operating and capital expenditures, primarily in 2018. | ||||
| 2018-06-30 | restructuring | in_progress | 2017-10-01 | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2017 Corporate Strategy program; charges primarily related to severance. Program substantially paid as of June 30, 2018. | |||||
| 2018-06-30 | restructuring | in_progress | 2017-10-01 | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2018 charges for 2017 Corporate Strategy program; primarily severance. | |||||
| 2018-06-30 | restructuring | in_progress | USD 1,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-06-30 | restructuring | in_progress | 2017 Corporate Strategy [Member] | USD 1,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | 2017-10-01 | 2018-06-30 | Global | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2018 charge of $1.6M, primarily severance; program approved Oct 2017 with total non-recurring spend up to $170M. No employee count disclosed. | ||
| 2018-03-31 | restructuring | in_progress | 2017-10-01 | 2018-06-30 | Global | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2017 Corporate Strategy program. Charges primarily related to severance. Expected to be substantially incurred and paid by mid-2018. | ||
| 2018-03-31 | restructuring | in_progress | USD 1,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-03-31 | restructuring | in_progress | 2017 Corporate Strategy [Member] | USD 1,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 2017-10 | Global | Corporate-wide | USD 19 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | October 2017 program to streamline operations; $19.4M recognized in 2017 ($18.5M in SG&A, $0.9M in restructuring charges), primarily severance. Company expects up to $170.0M total non-recurring operating and capital expenditures, primarily in 2018, to redirect up to $400.0M annually by 2020. No employee count disclosed. | |||
| 2017-12-31 | divestiture_reduction | completed | 2017-02-01 | Global | Hemophilia business (Bioverativ Inc.) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Hemophilia business spun off as independent public company on February 1, 2017; results included through January 31, 2017. No headcount transferred disclosed. | ||||
| 2017-12-31 | restructuring | in_progress | 2017-10 | 2020 | Global | Corporate / Operations | USD 170 (millions) | Item 1. Business - 2017 Corporate Strategy f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | October 2017 corporate restructuring program to streamline operations. Total non-recurring operating and capital expenditures up to $170.0 million, primarily in 2018. Goal to redirect resources up to $400.0 million annually by 2020. Employee count not disclosed. | ||
| 2017-12-31 | divestiture_reduction | completed | 2017-02-01 | 2017-02-01 | Global | Hemophilia Business | Item 1. Business - Hemophilia Spin-Off f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Spin-off of hemophilia business (Bioverativ Inc.) completed February 1, 2017. Employee count transferred not disclosed. | |||
| 2017-12-31 | restructuring | in_progress | 2017-10 | 2020-12-31 | Worldwide | Corporate / Operations | USD 170 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | October 2017 corporate restructuring program to streamline operations. Total non-recurring operating and capital expenditures up to $170.0 million, primarily in 2018. Goal to redirect resources by 2020. Employee count not disclosed. | ||
| 2017-12-31 | restructuring | completed | 2016-06 | 2017-03-31 | United States | Manufacturing | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs related to employees separated in connection with ceasing manufacturing and vacating Cambridge, MA facility and Somerville, MA warehouse. Charges recognized in 2016, substantially incurred and paid by end of Q1 2017. Employee count not disclosed. | ||
| 2017-12-31 | restructuring | completed | 2015-10 | 2017-12-31 | Worldwide | Corporate / Pipeline | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2015 restructuring program (11% workforce reduction). $0.9 million restructuring charges recognized in 2017. Employee count for 2017 activity not disclosed. | ||
| 2017-12-31 | restructuring | in_progress | USD 900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2017-12-31 | restructuring | in_progress | Restructuring Charges [Member] / 2017 Restructuring Charges [Member] | USD 900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2017 Restructuring Charges [Member] | USD 18,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 2017 Restructuring Charges [Member] | USD 19,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | announced | 2017-10 | USD 170 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter program approved in October 2017 to streamline operations; up to $170.0M non-recurring operating and capital expenditures expected, primarily in 2018, with a goal of redirecting up to $400.0M annually by 2020. No employee count disclosed. | |||||
| 2017-09-30 | divestiture_reduction | completed | 2017-02-01 | 2017-02-01 | Global | Hemophilia business (Bioverativ) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off of hemophilia business completed 2017-02-01; net assets of $1,008.3M transferred and employees moved to Bioverativ, but no headcount figure is disclosed. Results reflect hemophilia operations only through 2017-01-31. | |||
| 2017-09-30 | restructuring | announced | 2017-10 | 2018-12-31 | Global | Corporate | USD 170 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced in October 2017 to streamline operations and reallocate resources. Expected non-recurring operating and capital expenditures up to $170.0 million, primarily in 2018. Employee count not disclosed. | ||
| 2017-09-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-06-30 | divestiture_reduction | completed | 2017-02-01 | Global | Hemophilia business (Bioverativ) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off of hemophilia business completed 2017-02-01; employees transferring to Bioverativ had unvested equity awards converted. No employee count disclosed; results include hemophilia business only through 2017-01-31. | ||||
| 2017-06-30 | acquisition_addition | completed | 0 | 2017-05-15 | United States | R&D — BIIB093 (CIRARA) asset purchase from Remedy Pharmaceuticals | USD 120 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Asset acquisition accounted for as purchase of IPR&D; filing states no employees were acquired from Remedy. $120.0M upfront recorded as acquired in-process R&D expense, not a severance charge. | ||
| 2017-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-03-31 | divestiture_reduction | completed | 2017-02-01 | Global | Hemophilia business (Bioverativ) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off of hemophilia business completed 2017-02-01; employees transferring to Bioverativ referenced but no headcount disclosed. Results include hemophilia business only through 2017-01-31. | ||||
| 2017-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-12-31 | restructuring | in_progress | 2015-10-21 | 2016-12-31 | Global | Corporate-wide; included termination of certain pipeline programs | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program announced October 21, 2015 with an 11% workforce reduction; charge shown is the FY2016 net restructuring charge only. Program substantially paid by end of 2016; reserve of $5.1M remained at year-end. | ||
| 2016-12-31 | restructuring | completed | 2016-07-01 | 2016-12-31 | Global | Corporate-wide organizational realignment tied to hemophilia spin-off | USD 18 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Initiated in Q3 2016; charges primarily severance, substantially incurred and paid by end of 2016. Announcement date approximated to Q3 2016; exact date not disclosed. | ||
| 2016-12-31 | plant_closure | completed | 2016-06-01 | 2016-12-31 | Cambridge, MA and Somerville, MA, United States | Small-scale biologics manufacturing and warehouse operations | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to vacate announced June 2016; sublease to Brammer Bio completed December 2016. Charge is Q4 2016 severance for separated employees; separately, $45.5M of accelerated depreciation was recorded in cost of sales. Announcement date approximated to June 2016. | ||
| 2016-12-31 | divestiture_reduction | announced | 2016-05-01 | 2017-02-01 | Global | Hemophilia business (Bioverativ Inc.) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off of hemophilia business completed February 1, 2017; Bioverativ became an independent public company. Headcount transferred not disclosed. Announcement date approximated to May 2016. | |||
| 2016-12-31 | restructuring | completed | 2015-10-21 | 2016-12-31 | Global | Corporate and Pipeline Programs | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2015 Corporate Restructuring program. Total net restructuring charges of $8.0 million recognized in 2016. Substantially incurred and paid by end of 2016. | ||
| 2016-12-31 | restructuring | completed | 2016-09-30 | 2016-12-31 | Global | Organizational Realignment | USD 18 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2016 Organizational Changes. Charges totaling $17.7 million recognized in 2016 related to realigning organizational structure for hemophilia spin-off. Substantially incurred and paid by end of 2016. | ||
| 2016-12-31 | plant_closure | completed | 2016-06-30 | 2017-01-01 | Cambridge, MA and Somerville, MA | Manufacturing | USD 7 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Cessation of manufacturing at Cambridge, MA facility and vacating Somerville, MA warehouse. $7.4 million in severance costs for employees separated in connection with transaction. Substantially incurred and paid by end of Q1 2017. | ||
| 2016-12-31 | restructuring | completed | 2015-10-21 | 2016-12-31 | Global | Corporate and Pipeline Programs | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2015 Cost Saving Initiatives. Announced Oct 2015. Included 11% workforce reduction and pipeline termination. $8.0M recognized in 2016. Substantially incurred and paid by end of 2016. | ||
| 2016-12-31 | restructuring | completed | 2016-07-01 | 2016-12-31 | Global | Organizational Realignment | USD 18 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2016 Organizational Changes. Initiated Q3 2016 to realign structure for hemophilia spin-off. $17.7M recognized. Primarily severance. Substantially incurred and paid by end of 2016. | ||
| 2016-12-31 | plant_closure | completed | 2016-06-01 | 2017-03-31 | Cambridge, MA and Somerville, MA | Manufacturing | USD 7 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Cambridge Manufacturing Facility. Ceased manufacturing Dec 2016. Subleased to Brammer. $7.4M severance for separated employees recognized Q4 2016. Expected substantially incurred and paid by end of Q1 2017. | ||
| 2016-12-31 | restructuring | in_progress | USD 33,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2016-12-31 | restructuring | in_progress | Cambridge, MA [Member] / 2016 Restructuring Charges [Member] | USD 7,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2015 Restructuring Charges [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2016 Restructuring Charges [Member] | USD 17,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 11% | 2015-10-21 | 2016-12-31 | Global | Corporate (includes pipeline program terminations) | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2015 corporate restructuring: 11% workforce reduction plus termination of certain pipeline programs; no absolute headcount disclosed. $8.1M net charges recognized in nine months ended 2016-09-30; reserve of $8.3M remains at quarter end; amounts expected substantially paid by end of 2016. | |
| 2016-09-30 | restructuring | in_progress | 2016-12-31 | Global | Corporate — organizational realignment ahead of hemophilia spin-off | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Initiated during Q3 2016 (no specific announcement date given); $13.2M charged in both the three and nine months ended 2016-09-30; total expected charges of approximately $20.0M, primarily severance, substantially incurred and paid by end of 2016. No employee count disclosed. | |||
| 2016-09-30 | plant_closure | in_progress | 2016-06 | 2016-12-31 | United States (Cambridge, MA and Somerville, MA) | Manufacturing — small-scale biologics facility and warehouse | USD 32 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision in June 2016 to vacate 67,000 sq ft Cambridge manufacturing facility and 46,000 sq ft Somerville warehouse by end of 2016; associated workforce reduction not quantified. Charge shown is $31.5M of accelerated depreciation recorded in cost of sales for the nine months ended 2016-09-30 ($15.7M in Q3); asset carrying value ~$29.0M, remaining lease obligation $25.5M, no impairment recorded. | ||
| 2016-09-30 | divestiture_reduction | announced | 2016-05 | 2017-03-31 | Global | Hemophilia business (ELOCTATE, ALPROLIX) — Bioverativ Inc. spin-off | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off announced May 2016, expected completion early 2017 subject to conditions; no headcount associated with the separation disclosed. Related 2016 organizational restructuring (separate record above) is driven in part by this transaction. | |||
| 2016-09-30 | restructuring | in_progress | 2015-10-21 | 2016-12-31 | Global | Corporate and Pipeline Programs | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2015 corporate restructuring including 11% workforce reduction and pipeline termination. Net charge of $8.1M recognized for the nine months ended Sept 30, 2016. Expected to be substantially paid by end of 2016. | ||
| 2016-09-30 | restructuring | in_progress | 2016-07-01 | 2016-12-31 | Global | Organizational Realignment | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 organizational changes to realign structure in anticipation of hemophilia business spin-off. Charges of $13.2M recognized for three and nine months ended Sept 30, 2016. Total expected charges approx $20.0M, primarily severance. | ||
| 2016-09-30 | plant_closure | in_progress | 2016-06-01 | 2016-12-31 | Cambridge, MA and Somerville, MA | Manufacturing | USD 32 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Vacating and ceasing manufacturing in Cambridge, MA biologics facility and Somerville, MA warehouse. Recorded $31.5M additional depreciation for nine months ended Sept 30, 2016 due to shortened useful lives. No employee count disclosed. | ||
| 2016-09-30 | restructuring | in_progress | USD 11,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-09-30 | restructuring | in_progress | 2015 Restructuring Charges [Member] | USD -1,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016 Restructuring Charges [Member] | USD 13,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | 11% | 2015-10-21 | 2016-12-31 | USD 105 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program included termination of certain pipeline programs and an 11% workforce reduction; absolute employee count not disclosed. Cash payments total approximately $120 million, of which $15.9 million related to previously accrued 2015 incentive compensation, yielding net expected charges of approximately $105 million. Charges of $0.0 million in Q2 2016 and $9.7 million YTD; restructuring reserve was $12.3 million at June 30, 2016. Amounts to be substantially paid by end of 2016. | |||
| 2016-06-30 | plant_closure | announced | 2016-06 | 2016-12-31 | Cambridge, MA and Somerville, MA, United States | Manufacturing (small-scale biologics manufacturing facility and warehouse) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | In June 2016 Biogen determined it intends to cease manufacturing in Cambridge, MA and vacate its 67,000 sq ft biologics facility and 46,000 sq ft Somerville warehouse by end of 2016, considering a sale of the facility; closure by December 31, 2016 if no sale. No employee count disclosed. Carrying value of associated assets approximately $43.0 million; remaining lease obligation $26.3 million; no impairment identified; $15.8 million of accelerated depreciation recorded in cost of sales due to shortened useful lives. | |||
| 2016-06-30 | divestiture_reduction | announced | 2016-05 | 2017 | Hemophilia business (ELOCTATE and ALPROLIX) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | In May 2016 Biogen announced intention to spin off its hemophilia business as an independent publicly traded company, expected to complete in early 2017 subject to Board approval, tax opinion and effectiveness of a Form 10 registration statement. No headcount associated with the spin-off disclosed; hemophilia results remain consolidated until completion. | ||||
| 2016-06-30 | restructuring | in_progress | 11% | 2015-10-21 | 2016-12-31 | Global | Corporate and Pipeline Programs | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced Oct 2015. Includes 11% workforce reduction and pipeline termination. $9.7M charge recognized in Q2 2016. Total expected charges ~$105M. | |
| 2016-06-30 | plant_closure | announced | 2016-06-30 | 2016-12-31 | Cambridge, MA and Somerville, MA | Manufacturing | USD 16 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Intention to cease manufacturing and vacate facilities by end of 2016. $15.8M accelerated depreciation recorded. No specific headcount disclosed. | ||
| 2016-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-03-31 | restructuring | in_progress | 11% | 2015-10-21 | 2016-12-31 | USD 105 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program includes termination of certain pipeline programs and an 11% workforce reduction; no absolute headcount disclosed. Net expected restructuring charges ~$105M (cash payments ~$120M, including ~$15.9M accrued 2015 incentive compensation). Q1 2016 charge was $9.7M ($1.4M workforce reduction, $8.3M pipeline terminations); $93.4M recognized in Q4 2015. Reserve of $17.3M at 2016-03-31; amounts substantially incurred and to be substantially paid by end of 2016. Percent of workforce is as of the October 2015 announcement, not quarter-end. | |||
| 2016-03-31 | restructuring | in_progress | 11% | 2015-10-21 | 2016-12-31 | Global | Corporate and Pipeline Programs | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced Oct 21, 2015. Includes 11% workforce reduction and pipeline terminations. Q1 2016 charges: $1.4M workforce, $8.3M pipeline. Total expected net charges ~$105M. | |
| 2016-03-31 | restructuring | in_progress | USD 9,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 8,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 1,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | 11% | 2015-10-21 | 2016-12-31 | Global | Corporate-wide; includes termination of certain pipeline programs (Phase 3 TECFIDERA in SPMS, anti-TWEAK in lupus nephritis, certain immunology and fibrosis research activities) | USD 93 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Q4 2015 charge of $93.4M ($86.2M workforce reduction, $7.2M pipeline terminations). Total net expected charge $105M with ~$120M cash payments (incl. $15.9M previously accrued incentive comp), substantially incurred and paid by end of 2016. Expected to reduce annual operating expense run rate by ~$250M. Reserve at 2015-12-31 was $37.3M; $72.0M paid through year-end. 11% workforce reduction; absolute headcount not disclosed. | |
| 2015-12-31 | acquisition_addition | completed | 2015-02-12 | 2015-02-12 | United Kingdom | Research & Development (neuropathic pain) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of all outstanding stock completed 2015-02-12; Biogen retained key Convergence employees. Headcount added not quantified. Total purchase price $474.6M. | |||
| 2015-12-31 | restructuring | in_progress | 11% | 2015-10-21 | 2016-12-31 | Global | Corporate and Pipeline Programs | USD 93 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Announced October 21, 2015. Includes workforce reduction and discontinuation of certain programs. 11% reduction in workforce. $93.4 million charge recognized in Q4 2015. Expected to be substantially incurred and paid by end of 2016. | |
| 2015-12-31 | restructuring | completed | 11% | 2015-10-21 | 2016-12-31 | Worldwide | Various | USD 93 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced October 21, 2015. Includes 11% workforce reduction and termination of certain pipeline programs. $93.4 million charge recognized in Q4 2015 ($86.2M workforce, $7.2M pipeline). Expected cash payments ~$120M, substantially incurred/paid by end of 2016. | |
| 2015-12-31 | restructuring | in_progress | USD 93,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2015-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 7,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 86,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | announced | 11% | 2015-10-21 | 2015-12-31 | Global | Corporate-wide; includes termination of a number of pipeline programs (e.g., TECFIDERA in SPMS, anti-TWEAK in lupus nephritis) | USD 85 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge range disclosed as $85M to $95M (value field shows lower bound). Cash payments expected of $115M to $120M, including previously accrued incentive compensation; substantially all incurred and paid by end of 2015. Expected to reduce annual run-rate operating expenses by approximately $250 million. Absolute headcount number not disclosed; only the 11% workforce reduction percentage. | |
| 2015-09-30 | acquisition_addition | completed | 2015-02-12 | 2015-02-12 | Research & Development (clinical-stage neuropathic pain programs) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Biogen states it retained the services of key Convergence employees; no headcount figure disclosed. Acquisition occurred in Q1 2015 but is reported in this filing's nine-month period. | ||||
| 2015-09-30 | restructuring | announced | 11% | 2015-10-21 | 2015-12-31 | Global | Corporate and Pipeline Programs | USD 90 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced corporate restructuring including termination of pipeline programs and 11% workforce reduction. Expected charge range $85M-$95M; cash payments $115M-$120M. Substantially all amounts to be incurred and paid by end of 2015. | |
| 2015-06-30 | acquisition_addition | completed | 2015-02-12 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Convergence Pharmaceuticals; retained services of key employees. Specific headcount not disclosed. | ||||||
| 2015-03-31 | acquisition_addition | completed | 2015-02-12 | 2015-02-12 | United Kingdom | Research and Development | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filing states Biogen retained the services of key Convergence employees upon the February 12, 2015 closing, but discloses no headcount figure. | |||
| 2015-03-31 | acquisition_addition | completed | 2015-02-12 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Convergence Pharmaceuticals; retained services of key employees. Specific headcount not disclosed. | ||||||
| 2014-12-31 | acquisition_addition | announced | 2015-01-11 | United Kingdom | Research and Development | USD 200 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Planned acquisition of clinical-stage biopharmaceutical company announced after fiscal year-end; upfront payment of $200.0 million plus up to $475.0 million in contingent milestones. Headcount not disclosed. | |||
| 2014-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2013-12-31 | acquisition_addition | completed | 2013-04-02 | 2013-04-02 | Global | Multiple sclerosis franchise (TYSABRI) | USD 3,250 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of full TYSABRI rights from Elan for $3.25 billion upfront; accounted for as an asset acquisition and the filer states no employees were acquired, so no headcount addition is quantified. | ||
| 2013-12-31 | restructuring | completed | 2010 | 2012-12-31 | Global | Sales, Research and Development, Administrative | USD 0 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2010 restructuring initiative. As of December 31, 2012, all restructuring charges related to this initiative had been incurred and paid. No restructuring charges were recorded in 2013. | ||
| 2013-12-31 | restructuring | completed | 2010 | 2012-12-31 | Global | Sales, Research and Development, Administrative | USD 0 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2010 restructuring initiative completed. Included 13% workforce reduction. No charges recorded in 2013; all charges incurred and paid by end of 2012. | ||
| 2013-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2013-09-30 | restructuring | announced | 2013-09-30 | 2014-06-30 | Weston, Massachusetts | Corporate Headquarters | USD 25 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company expects to vacate part of Weston facility in Q4 2013 due to HQ relocation to Cambridge. Charge represents remaining lease obligation net of sublease income. Subleasing begins in first half of 2014. | ||
| 2013-09-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-06-30 | restructuring | completed | Weston, Massachusetts | Corporate Headquarters | USD 25 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company expects to incur a charge between $20.0 million and $30.0 million in connection with vacating part of Weston facility for HQ relocation to Cambridge. Estimate represents remaining lease obligation net of sublease income. | ||||
| 2013-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-03-31 | restructuring | completed | USD 0 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing states: 'As of March 31, 2013, all restructuring charges related to our 2010 initiative have been incurred and paid. We no longer have a restructuring liability associated with these initiatives.' No employee count disclosed for the current period. | ||||||
| 2013-03-31 | other | announced | 2013-06-30 | Weston, Massachusetts | Corporate Headquarters | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company expects to vacate part of Weston facility in H2 2013 and incur a charge between $15.0 million to $30.0 million representing remaining lease obligation net of sublease income. No specific headcount reduction disclosed. | |||
| 2013-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-12-31 | restructuring | completed | 2010-11 | 2012-12-31 | Global | Sales, research and development, and administrative functions | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program announced November 2010 included a 13% workforce reduction (count disclosed in prior-year filings, not restated here); FY2012 restructuring charge was $2.2M with no employee separations quantified for 2012, and the restructuring reserve was fully paid down to zero at 2012-12-31. | ||
| 2012-12-31 | acquisition_addition | completed | 2012-03-08 | 2012-03-08 | United States | Research and development (fibrosis / idiopathic pulmonary fibrosis) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Stromedix, Inc. completed 2012-03-08; purchase price $207.4M including $122.2M contingent consideration. Headcount added through the acquisition was not disclosed. | |||
| 2012-12-31 | restructuring | completed | 2010-11 | 2012-12-31 | Global | Sales, Research and Development, Administrative | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Initiated in November 2010. Included 13% workforce reduction. As of December 31, 2012, substantially all restructuring charges have been incurred and paid. Charge reflects activity in 2012. | ||
| 2012-12-31 | acquisition_addition | completed | 2012-03-08 | 2012-03-08 | United States | Research and Development | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Stromedix, Inc. on March 8, 2012. Headcount not explicitly disclosed. | |||
| 2012-12-31 | restructuring | completed | 2010-11 | 2012-12-31 | Worldwide | Sales, Research and Development, Administrative | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Initiated in Nov 2010. Included 13% workforce reduction. Substantially all charges incurred and paid by Dec 31, 2012. | ||
| 2012-12-31 | restructuring | in_progress | USD 2,225,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2012-09-30 | restructuring | completed | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge incurred in Q3 2012 related to 2010 initiative; substantially all charges from 2010 initiative incurred and paid. | ||||||
| 2012-09-30 | restructuring | completed | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD charge for 2012 related to 2010 initiative; substantially all charges from 2010 initiative incurred and paid. | ||||||
| 2012-09-30 | restructuring | in_progress | USD 803,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-06-30 | restructuring | in_progress | Research organization | USD 9 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | July 2012 reorganization of research organization to emphasize early discovery research; estimated cost ~$9.0M to be recorded in Q3 2012. Employee count not disclosed. | |||||
| 2012-06-30 | restructuring | in_progress | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Residual restructuring charges from 2010 initiative: $1.1M in Q2 2012, $1.4M YTD 2012. Filer states substantially all charges from the 2010 initiative have been incurred and paid as of June 30, 2012; no employee counts disclosed. | ||||||
| 2012-06-30 | acquisition_addition | completed | 2012-03-08 | 2012-03-08 | United States | Research and Development | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Stromedix completed March 8, 2012; obtained rights to key employees and STX-100 antibody program. Headcount added not quantified. | |||
| 2012-06-30 | restructuring | completed | USD 1 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge for the three months ended June 30, 2012. MD&A states substantially all related restructuring charges from 2010 initiative have been incurred and paid. | ||||||
| 2012-06-30 | restructuring | announced | 2012-07-01 | 2012-09-30 | Research | USD 9 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reorganization of research organization initiated in July 2012. Costs estimated at $9.0 million to be recorded in the third quarter. | |||
| 2012-06-30 | restructuring | in_progress | USD 1,422,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-03-31 | restructuring | completed | 2010-11 | USD 0 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Residual charge in Q1 2012 for the November 2010 restructuring initiative; filing states substantially all related charges have been incurred and paid. No employee count disclosed. | |||||
| 2012-03-31 | acquisition_addition | completed | 2012-03-08 | 2012-03-08 | United States | Research and Development | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Stromedix completed 2012-03-08; filing notes acquisition of key employee services but discloses no headcount figure. | |||
| 2012-03-31 | restructuring | completed | 2010-11-01 | USD 0 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Strategic initiatives announced in Nov 2010. Substantially all charges incurred and paid as of March 31, 2012. Q1 2012 charge was $0.3 million. | |||||
| 2012-03-31 | restructuring | in_progress | USD 283,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-12-31 | restructuring | in_progress | 13% | 2010-11-03 | Global | Sales, research and development, and administrative functions | USD 19 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2011 activity only: $19.0M charge ($12.8M workforce reduction, $6.2M facility consolidation). Program announced Nov 2010 with 13% workforce reduction; substantially all charges incurred and paid by 2011-12-31. Prior-year $75.2M charge not included. | ||
| 2011-12-31 | plant_closure | completed | 2010-11-03 | 2011-08-31 | United States | San Diego, California facility | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | San Diego facility sale-leaseback terminated effective 2011-08-31; part of Nov 2010 restructuring initiative. No headcount disclosed. | |||
| 2011-12-31 | acquisition_addition | completed | 2011-09-06 | 2011-09-06 | Italy and Switzerland | Sales affiliates (Biogen Dompé SRL, Biogen Dompé Switzerland GmbH) | USD 153 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of noncontrolling interests in JV sales affiliates; cash payments of $152.9M plus up to $42.5M contingent consideration. No headcount added disclosed. | ||
| 2011-12-31 | restructuring | completed | 13% | 2010-11-01 | 2011-12-31 | Global | Sales, Research and Development, Administrative | USD 19 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Announced November 2010. Included 13% workforce reduction. $19.0M charge in 2011 ($12.8M workforce, $6.2M facility). Substantially all charges incurred and paid by year-end. | |
| 2011-12-31 | restructuring | completed | 13% | 2010-11 | 2011-12-31 | Worldwide | Sales, Research and Development, Administrative | USD 19 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced Nov 2010. 13% workforce reduction. $19.0M charge in 2011 ($12.8M workforce, $6.2M facility). Substantially all charges incurred and paid by year-end. | |
| 2011-12-31 | restructuring | in_progress | USD 19,026,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 12,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Facility Closing [Member] | USD 6,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | 2010-11-01 | 2011-12-31 | Global | Sales, research and development, and administrative functions | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced November 2010 includes a completed 13% workforce reduction; no absolute headcount disclosed. $18.4M charged in 9M 2011 (plus $75.2M in Q4 2010); total charges expected not to exceed $100.0M with substantially all remaining charges incurred and paid by end of 2011. Restructuring reserve fell from $66.4M at 2010-12-31 to $2.6M at 2011-09-30. | ||
| 2011-09-30 | plant_closure | completed | 2010-11-01 | 2011-08-31 | United States (San Diego, California) | Facility consolidation | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | San Diego facility sale-leaseback terminated effective 2011-08-31 and accounted for as a sale; no significant gain or impairment recognized. No employee count disclosed. | |||
| 2011-09-30 | plant_closure | announced | 2011-07-01 | 2013-06-30 | United States (Weston, Massachusetts) | Corporate headquarters relocation to Cambridge, Massachusetts | USD 35 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Leases for two Cambridge office buildings executed July 2011; Weston facility expected to be vacated upon completion (occupancy planned 2H 2013). Company expects an approximately $35.0M charge (remaining Weston lease obligation net of estimated sublease income) plus approximately $25.0M of additional depreciation recognized ratably from Q3 2011. No employee count disclosed. | ||
| 2011-09-30 | restructuring | in_progress | 13% | 2010-11-01 | 2011-12-31 | Global | Sales, Research and Development, Administrative | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 13% workforce reduction completed; $18.4M charges incurred in first nine months of 2011. Total charges expected not to exceed $100.0M. | |
| 2011-09-30 | restructuring | in_progress | USD 18,390,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-09-30 | restructuring | in_progress | Restructuring Depreciation [Member] | USD 6,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 12,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | completed | 13% | 2010-11 | 2011-12-31 | Sales, research and development, and administrative functions | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Framework for Growth program announced November 2010; 13% workforce reduction reported as completed. Charge shown is net workforce-reduction charge for six months ended 2011-06-30 (includes $2.7M expense offset by $4.4M net favorable revisions in Q2). Total program estimated at ~$100M, with $75.2M incurred in Q4 2010; substantially all charges expected incurred and paid by end of 2011. Absolute headcount affected not disclosed. | ||
| 2011-06-30 | plant_closure | completed | 2010-11 | 2011-12-31 | United States | Facilities — San Diego, California and Massachusetts sites | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Facility-consolidation component of the same November 2010 program: San Diego facility vacated and certain Massachusetts facilities consolidated as of 2011-06-30. Charge shown is facility-consolidation charge for six months ended 2011-06-30, inclusive of additional depreciation. San Diego sale-leaseback arrangement terminates 2011-08-31. No employee count disclosed for this component. | ||
| 2011-06-30 | restructuring | completed | 2010-11 | United States | RITUXAN oncology and rheumatology sales force | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | As part of the November 2010 restructuring, Biogen Idec and Genentech eliminated the RITUXAN oncology and rheumatology sales force in Q4 2010, with Genentech assuming U.S. sales and marketing. Headcount affected not disclosed; no separate charge quantified. | ||||
| 2011-06-30 | other | announced | 2011-07-14 | 2013-06-30 | United States | Corporate headquarters and commercial operations (Weston, MA relocation to Cambridge, MA) | USD 35 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter event: leases executed 2011-07-14 for two Cambridge, MA buildings (~500,000 sq ft) as future HQ, occupancy planned 2H 2013. Company expects to vacate the Weston, MA facility, incurring an estimated ~$35.0M charge (remaining lease obligation net of estimated sublease income) plus ~$25.0M of additional depreciation. No employee counts or relocation figures disclosed. | ||
| 2011-06-30 | restructuring | in_progress | 13% | 2010-11-01 | 2011-12-31 | Global | Sales, Research and Development, Administrative | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 13% workforce reduction completed. $16.6M charges incurred in six months ended June 30, 2011. Total expected charges ~$100M. | |
| 2011-06-30 | restructuring | in_progress | USD 16,587,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-06-30 | restructuring | in_progress | Restructuring Depreciation [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 10,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | 2010-11-01 | 2011-12-31 | Global | Sales, research and development, and administrative functions | USD 17 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced November 2010 includes a 13% workforce reduction, R&D program terminations, and facility consolidation. Q1 2011 charge of $16.6M ($12.1M workforce, $4.5M facility); $75.2M recognized in Q4 2010; total expected ~$110M. No absolute headcount affected disclosed. | ||
| 2011-03-31 | plant_closure | in_progress | 2010-10-01 | 2011-08-31 | San Diego, California, United States | Facility consolidation | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | San Diego facility sold October 2010 with 15-month leaseback; lease terminated effective August 31, 2011. Facility consolidation charge of $4.5M in Q1 2011 includes $3.5M additional depreciation. No employee count disclosed. | |||
| 2011-03-31 | restructuring | in_progress | 13% | 2010-11-01 | 2011-12-31 | Global | Sales, Research and Development, Administrative | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 13% workforce reduction substantially completed; $16.6M charge in Q1 2011 ($12.1M workforce, $4.5M facility). Total expected charges ~$110M. | |
| 2011-03-31 | restructuring | in_progress | USD 16,587,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-03-31 | restructuring | in_progress | Restructuring Depreciation [Member] | USD 3,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Facility consolidation [Member] | USD 4,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Workforce reduction [Member] | USD 12,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-12-31 | restructuring | in_progress | 13% | 2010-11-03 | 2011-12-31 | Worldwide | Sales, research and development and administrative functions | USD 67 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction component of the Framework for Growth program; 13% headcount reduction (no absolute count disclosed). $67.2M of the ~$90M expected workforce-reduction charge recognized in FY2010; $60.6M reserve remained at year-end. Program announced 2010-11-03, substantially complete by end of 2011. | |
| 2010-12-31 | plant_closure | in_progress | 2010-11-03 | 2011-12-31 | United States (San Diego, California; Massachusetts) | Research, development and administrative facilities | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Facility consolidation component: closing the San Diego site (sold 2010-10-01, leaseback terminated effective 2011-08-31) and consolidating Massachusetts facilities. $8.0M recognized in FY2010 of ~$20M expected total; includes additional depreciation from shortened asset lives. No headcount attributed to this component. | ||
| 2010-12-31 | reduction_in_force | completed | 2010-11-03 | 2010-12-31 | United States | RITUXAN oncology and rheumatology sales force | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Elimination of the RITUXAN oncology/rheumatology sales force in Q4 2010, with Genentech assuming sole U.S. sales and marketing responsibility. No headcount or separate charge disclosed; part of the same 2010-11-03 restructuring program. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-12-17 | 2010-12-17 | Switzerland | Research and development (neurology antibody discovery) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Panima Pharmaceuticals AG completed 2010-12-17 for $32.5M cash plus up to $395.0M contingent milestones; key employees acquired but no headcount figure disclosed. | |||
| 2010-12-31 | restructuring | in_progress | 13% | 2010-11-03 | 2011-12-31 | Global | Sales, Research and Development, Administrative | USD 110 (millions) | Item 1 Business - Framework for Growth f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 13% workforce reduction impacting sales, R&D, and administrative functions. Total expected charges of $110 million. Substantially completed by end of 2011. | |
| 2010-12-31 | restructuring | in_progress | 13% | 2010-11-03 | 2011-12-31 | Worldwide | Sales, Research and Development, Administrative | USD 110 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced Nov 3, 2010. 13% workforce reduction. Total expected charges $110M ($90M workforce, $20M facility). $75.2M recognized in 2010. Substantially completed by end of 2011. | |
| 2010-12-31 | restructuring | in_progress | USD 75,153,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2010-12-31 | restructuring | in_progress | Facility consolidation [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-12-31 | restructuring | in_progress | Workforce reduction [Member] | USD 67,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-12-31 | restructuring | in_progress | Workforce reduction [Member] / Award Modification [Member] | USD 6,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2008-12-31 | restructuring | completed | 2008-12-31 | Global | Corporate / legal structure and organizational functions | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2008 restructuring costs of $5.0M, primarily for reorganization of legal structure and consolidation of certain organizational functions; included in R&D and SG&A expense. No employee count disclosed. No material remaining accruals at year-end. | |||
| 2008-12-31 | restructuring | completed | 2008-12-31 | 2008-12-31 | Global | Domestic and International Operations | USD 5 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | In the fourth quarter of 2008, the company completed a reorganization of domestic and international operations, including movement of personnel and supply chain restructuring. Total severance and restructuring costs were $5.0 million. No specific employee count was disclosed. | ||
| 2008-12-31 | restructuring | completed | 2008-12-31 | 2008-12-31 | Global | Domestic and International Operations | USD 5 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reorganization of domestic and international operations, movement of personnel, and restructuring of supply chain. No specific employee count disclosed. | ||
| 2007-12-31 | acquisition_addition | completed | 2007-01-01 | 2007-01-31 | United States | Research & Development | USD 18 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Syntonix Pharmaceuticals, Inc. completed January 2007; headcount added not disclosed. $18.4M IPR&D charge recorded. | ||
| 2007-12-31 | divestiture_reduction | completed | 2007-12-01 | 2007-12-31 | United States | Oncology (ZEVALIN product line) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of U.S. ZEVALIN rights to Cell Therapeutics completed December 2007; headcount removed not disclosed. | |||
| 2007-12-31 | restructuring | completed | 2007-12-31 | United States | Corporate | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2007 restructuring costs of $1.8M primarily related to the Syntonix acquisition and ZEVALIN divestiture; no material remaining accruals at year-end. Employees affected not disclosed. | |||
| 2007-12-31 | restructuring | completed | 2007-01-01 | 2007-12-31 | Global | Various | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Severance and other restructuring costs totaled $1.8 million in 2007, primarily related to the Syntonix acquisition and the ZEVALIN divestiture. No specific employee count disclosed for 2007 actions. | ||
| 2007-12-31 | restructuring | completed | 2007-01-01 | 2007-12-31 | Global | Various | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance and other restructuring costs totaled $1.8 million in 2007, primarily related to the Syntonix acquisition and the ZEVALIN divestiture. No material remaining accruals at year-end. | ||
| 2007-12-31 | acquisition_addition | completed | 2007-01-01 | 2007-12-31 | United States | R&D | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Syntonix Pharmaceuticals, Inc. in January 2007 added R&D personnel and programs. Specific headcount not disclosed. | |||
| 2007-09-30 | acquisition_addition | completed | 2007-01-01 | Waltham, Massachusetts | Research and Development | USD 44 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 100% of Syntonix Pharmaceuticals, Inc. in January 2007. Headcount not disclosed. Purchase price $44.4 million. | |||
| 2007-09-30 | acquisition_addition | completed | 2007-08-01 | Global | Research and Development | USD 50 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Agreement with Cardiokine Biopharma LLC became effective in August 2007. Consolidated results under FIN 46. Headcount not disclosed. Upfront payment $50.0 million. | |||
| 2007-09-30 | other | completed | 2007-06-27 | 2007-07-02 | Global | Corporate | USD 2,991 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Completed tender offer repurchasing 56,424,155 shares for $2,990.5 million. Not a workforce reduction action, but a material capital allocation event disclosed in the period. | ||
| 2007-06-30 | acquisition_addition | completed | 2007-01-31 | United States (Waltham, Massachusetts) | Research and Development | USD 0 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Syntonix Pharmaceuticals for $44.4 million; no employee count disclosed. $0.3 million of severance was accrued in the six months ended 2007-06-30 as a result of the acquisition; an assembled-workforce intangible of $0.7 million was also recognized. | |||
| 2007-06-30 | divestiture_reduction | in_progress | 2006-09-30 | ZEVALIN product line | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company began executing a plan to divest the ZEVALIN product line during Q3 2006; MD&A notes reduced domestic sales and marketing effort. No headcount reduction quantified in this filing. | |||||
| 2007-06-30 | acquisition_addition | completed | 2007-01-01 | Waltham, Massachusetts | Research and Development | USD 0 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Syntonix Pharmaceuticals, Inc. in January 2007. Headcount not disclosed. $0.3 million in severance charges accrued in the six months ended June 30, 2007. | |||
| 2007-03-31 | acquisition_addition | completed | 2007-01-01 | Waltham, Massachusetts | Research and Development | USD 0 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 100% of Syntonix in January 2007. Headcount not disclosed. $0.3 million severance charges accrued in Q1 2007. | |||
| 2006-12-31 | acquisition_addition | completed | 2006-06-15 | 2006-06-15 | Switzerland | Research and Development | USD 207 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Fumapharm AG; headcount added not disclosed; charge is acquired in-process R&D for BG-12, not severance | ||
| 2006-12-31 | acquisition_addition | completed | 2006-05-01 | 2006-05-01 | United States (California) | Research and Development | USD 123 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Conforma Therapeutics; headcount added not disclosed; charge is acquired in-process R&D for CNF2024, not severance | ||
| 2006-12-31 | restructuring | completed | 2006-05-01 | 2006-12-31 | United States | Research and Development | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs incurred in connection with the Conforma acquisition during 2006; headcount affected not disclosed | ||
| 2006-12-31 | divestiture_reduction | in_progress | 2006-07-01 | 2006-12-31 | Not disclosed | ZEVALIN product line | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount reductions related to the planned divestiture of the ZEVALIN product line, begun in Q3 2006; headcount affected not disclosed | ||
| 2006-12-31 | divestiture_reduction | completed | 2006-04-01 | 2006-04-30 | Not disclosed | AMEVIVE product line | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Worldwide rights to AMEVIVE sold to Astellas in April 2006; associated headcount not disclosed | |||
| 2006-12-31 | restructuring | completed | 650 | 2005-09 | 2005-12-31 | Worldwide | Various | USD 31 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2005 Strategic Plan implemented in Sept 2005; reduced workforce by approx 17% (650 positions). Charges of $31.4M recorded in 2005. Subsequent 2006 charges of $2.9M related to Conforma acquisition and ZEVALIN divestiture headcount reductions. | |
| 2006-12-31 | restructuring | completed | 2006 | 2006-12-31 | Worldwide | Various | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2006 restructurings associated with acquisitions (Conforma) and planned dispositions (ZEVALIN). $1.2M severance for Conforma; $1.7M headcount reductions for ZEVALIN. | ||
| 2006-12-31 | restructuring | completed | 650 | 17% | 2005-09 | 2005-12-31 | Worldwide | Various (management layers and staff functions) | USD 31 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2005 Strategic Plan implemented in Sept 2005; substantially completed by end of 2005. Charge includes severance and other termination costs. |
| 2006-12-31 | restructuring | completed | 2006 | 2006-12-31 | Worldwide | Conforma acquisition and ZEVALIN divestiture | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2006 Restructurings: $1.2M severance for Conforma acquisition; $1.7M headcount reductions for ZEVALIN disposition. | ||
| 2006-09-30 | acquisition_addition | completed | 2006-06-15 | Switzerland | Research and Development / Commercial | USD 1 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Fumapharm AG completed June 15, 2006; no headcount disclosed. $1.2M severance relates to Conforma, not Fumapharm. | |||
| 2006-09-30 | acquisition_addition | completed | 2006-05-01 | United States (California) | Research and Development | USD 1 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Conforma Therapeutics completed May 2006; approximately $1.2M in severance costs incurred. No headcount disclosed. | |||
| 2006-09-30 | divestiture_reduction | completed | 2006-04-01 | Global | AMEVIVE product line | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Worldwide rights to AMEVIVE sold to Astellas Pharma US in April 2006 for $59.8M. No headcount impact disclosed. | ||||
| 2006-09-30 | divestiture_reduction | in_progress | 2006-07-01 | Global | ZEVALIN product line | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to divest ZEVALIN product line initiated during Q3 2006. No headcount impact disclosed. | ||||
| 2006-09-30 | plant_closure | completed | 2006-02-01 | United States (Oceanside, California) | Clinical manufacturing (NICO facility) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | NICO clinical manufacturing facility sold to Genentech in February 2006 for $29.0M. Prior impairment charges of $28.0M recorded in 2005. No headcount disclosed. | ||||
| 2006-09-30 | restructuring | in_progress | 2005-09-01 | Global | Enterprise-wide | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2005 strategic plan restructuring; $31.4M total charges recorded in 2005. Remaining liability of $6.1M at Sept 30, 2006. No employee count disclosed. $2.0M additional costs incurred YTD 2006, none in Q3. | |||
| 2006-09-30 | restructuring | in_progress | 2005-01-01 | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs incurred during 2006 related to comprehensive strategic plan initiated in 2005. Includes severance and other employee termination costs. Employee count not disclosed. | |||||
| 2006-09-30 | restructuring | completed | 2006-05-01 | California | USD 1 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs incurred in connection with the acquisition of Conforma Therapeutics Corporation in May 2006. Employee count not disclosed. | ||||
| 2006-06-30 | restructuring | in_progress | 2005-09 | Company-wide | USD 2,027 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing program under the comprehensive strategic plan announced September 2005; charges consist mainly of severance, termination benefits, outplacement and related items. $771 thousand incurred in Q1 2006 and $1,256 thousand in Q2 2006 (six-month total shown); remaining liability of $7,554 thousand at 2006-06-30. No employee counts disclosed; six-month charge includes approximately $1.2 million of Conforma-related severance also shown separately below. Filer states further restructuring charges may occur in future periods. | ||||
| 2006-06-30 | restructuring | in_progress | 2006-05 | United States | Conforma Therapeutics Corporation (oncology R&D) — acquisition-related | USD 1,200 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs incurred in connection with the May 2006 Conforma asset acquisition; amount is included in the Note 16 restructuring rollforward (do not add to the program total above). No affected-employee count disclosed. | |||
| 2006-06-30 | restructuring | in_progress | 2005-09-01 | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges incurred in Q2 2006 related to the comprehensive strategic plan initiated in 2005. Includes severance and employee termination costs. Employee count not disclosed. | |||||
| 2006-06-30 | restructuring | in_progress | 2006-05-01 | USD 1 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs incurred in connection with the acquisition of Conforma. Employee count not disclosed. | |||||
| 2006-03-31 | restructuring | in_progress | 650 | 17% | 2005-09 | Worldwide | Company-wide (all functions, departments and sites) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Comprehensive strategic plan announced September 2005; workforce reduced by approximately 17%, or about 650 positions, substantially implemented. Remaining severance and other liability was $9.6 million at 2006-03-31 (costs incurred during 2006: $0.8 million; paid/settled through 2006-03-31: $8.6 million). Total program charge not disclosed in this filing; no completion date stated. | ||
| 2006-03-31 | divestiture_reduction | completed | 2006-04 | 2006-04 | Worldwide | Immunology commercial (AMEVIVE sales force) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Worldwide rights to AMEVIVE sold to Astellas for $60.0 million including inventory; MD&A attributes lower AMEVIVE selling costs to a reduced sales force tied to the divestiture. Number of employees affected not disclosed. Biogen Idec will continue to manufacture and supply AMEVIVE. | |||
| 2006-03-31 | divestiture_reduction | completed | 2006-02 | 2006-02 | United States (Oceanside, California) | Clinical manufacturing (NICO facility) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | NICO clinical manufacturing facility sold to Genentech for $29.0 million in February 2006; no additional loss recorded. Headcount associated with the facility not disclosed. | |||
| 2006-03-31 | acquisition_addition | announced | 2006-05-02 | 2006-06-30 | United States | Research and development (heat shock protein 90 programs) | USD 150 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement and Plan of Merger with Conforma Corporation signed 2006-05-02; initial payment of $150 million plus up to $100 million in development milestones. Expected to close in Q2 2006. Headcount to be added not disclosed. | ||
| 2006-03-31 | restructuring | in_progress | 650 | 2005-09-01 | Worldwide | Company-wide | USD 9,604 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining liability at March 31, 2006 includes $9.5 million for severance and $62 thousand for other costs. Program initiated in Q3 2005 reduced workforce by approx 17%. | ||
| 2005-12-31 | restructuring | completed | 650 | 17% | 2005-09-01 | 2005-12-31 | Worldwide | Company functions, departments and sites | USD 31 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Comprehensive strategic plan begun September 2005; ~17% workforce reduction (~650 positions), substantially implemented by end of 2005. Charges: $20.0M in R&D, $11.4M in SG&A. Remaining liability $17.5M at year-end. Includes $7.1M charge for retirement of former Executive Chairman. |
| 2005-12-31 | plant_closure | completed | 2005-06-23 | 2005-06-23 | Oceanside, California | Large-scale biologics manufacturing (NIMO facility) | USD 84 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | NIMO facility sold to Genentech for $408.1M consideration; loss of $83.5M. Employee headcount impact not disclosed. | ||
| 2005-12-31 | divestiture_reduction | announced | 2005-09-01 | United States | AMEVIVE product franchise | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company seeking to divest AMEVIVE as part of strategic plan; assets held for sale include $8.0M intangibles and $5.4M PP&E. Headcount impact not disclosed. | ||||
| 2005-12-31 | plant_closure | announced | 2006-02-01 | Oceanside, California | NICO clinical manufacturing facility | USD 28 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | NICO facility sold to Genentech in February 2006 (subsequent to fiscal year-end); $28.0M impairment recorded in 2005 as held for sale. Headcount impact not disclosed. | |||
| 2005-12-31 | restructuring | completed | 650 | 17% | 2005-09-01 | 2005-12-31 | Worldwide | All functions | USD 31 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Part of comprehensive strategic plan announced in September 2005. Adjustments substantially implemented by end of 2005. Charges include severance, outplacement, bonuses, and write-downs of research assets. |
| 2005-12-31 | restructuring | completed | 650 | 17% | 2005-09 | 2005-12-31 | Worldwide | All functions | USD 31 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Comprehensive strategic plan implemented in September 2005 resulting in reduction of workforce by approximately 17%, or approximately 650 positions worldwide. Adjustments substantially implemented by end of 2005. Total charges of $31.4 million include severance and other employee termination costs. |
| 2005-09-30 | restructuring | in_progress | 650 | 17% | 2005-09-08 | 2005-12-31 | Worldwide | Company-wide (all functions, departments and sites) | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Comprehensive strategic plan announced September 2005; approximately 17% workforce reduction, about 650 positions. Charges incurred at September 8, 2005 totaled $27.2M ($19.6M in R&D, $7.6M in SG&A); $24.8M remained accrued at September 30, 2005. Announcement date reflects earliest disclosed charge date; exact announcement day not stated. |
| 2005-09-30 | divestiture_reduction | completed | 334 | 2005-06-23 | 2005-08-16 | Oceanside, California, United States | NIMO large-scale biologics manufacturing facility | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Genentech purchased the NIMO facility on June 23, 2005; 334 employees were offered at-will employment by Genentech and remained employed by the company through August 16, 2005. | ||
| 2005-09-30 | divestiture_reduction | announced | 2005-09-30 | 2006-03-31 | Worldwide | AMEVIVE (alefacept) product franchise | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced in September 2005 it will seek to divest AMEVIVE, expected in the first quarter of 2006; associated headcount impact not quantified in the filing. | |||
| 2005-09-30 | restructuring | in_progress | 650 | 17% | 2005-09-01 | 2005-12-31 | Worldwide | All functions | USD 27 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of workforce by approximately 17% as part of comprehensive strategic plan. Charges include severance, health benefits, outplacement, bonuses, and write-downs of research assets. |
| 2005-09-30 | plant_closure | completed | 334 | 2005-06-23 | 2005-08-16 | Oceanside, California | Manufacturing | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Termination of 334 employees working at NIMO facility following sale to Genentech. Employees continued to be employed by Biogen Idec through August 16, 2005. | ||
| 2005-06-30 | divestiture_reduction | completed | 334 | 2005-06-23 | 2005-08-16 | Oceanside, California, United States | Manufacturing (NIMO large-scale biologics facility) | USD 76 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Genentech purchased the NIMO facility on 2005-06-23. Biogen Idec terminated 334 employees; Genentech offered at-will employment to them. Employees remained employed by Biogen Idec through 2005-08-16, with Genentech reimbursing related costs. Charge includes $66.1M write-down and $9.5M transaction costs. | |
| 2005-06-30 | plant_closure | completed | 334 | 2005-06-23 | 2005-08-16 | Oceanside, California | Manufacturing | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Following the sale of the NIMO facility to Genentech, 334 employees were terminated or offered employment by Genentech. Biogen Idec continued to employ these individuals through August 16, 2005, with Genentech reimbursing related costs. | ||
| 2004-12-31 | restructuring | in_progress | San Diego, California | Merger integration — San Diego facilities | USD 4 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance obligations for certain employees affected by the Biogen merger; approximately $0.4 million accrual remained at year-end 2004. Headcount not disclosed. | ||||
| 2004-12-31 | restructuring | in_progress | Europe | European headquarters relocation | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring costs accrued in 2004 for relocation of European headquarters; $1.1 million liability remained at December 31, 2004. Headcount not disclosed. | ||||
| 2004-12-31 | restructuring | in_progress | Cambridge, Massachusetts | Merger integration — Cambridge facilities | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Additional 2004 charges for severance obligations of employees affected by the merger in Cambridge facilities; $0.2 million liability remained at year-end. Headcount not disclosed. | ||||
| 2004-12-31 | other | announced | 2005-02-28 | Global | Commercial — TYSABRI (with Elan) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary suspension of TYSABRI marketing and commercial distribution announced February 2005; dosing suspended in clinical studies. No workforce reduction quantified. | ||||
| 2004-12-31 | other | announced | 2005-03-31 | Hillerod, Denmark | Manufacturing — fill-finish component discontinued | USD 7 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision not to proceed with fill-finish component of Hillerod facility; capitalized engineering costs to be written off to R&D expense in Q1 2005. No headcount impact disclosed. | |||
| 2004-12-31 | restructuring | completed | 2004-01-01 | 2004-12-31 | San Diego | General | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges related to severance obligations for certain employees affected by the Merger in San Diego facilities. Remaining accrual of $0.4 million at year-end. | ||
| 2004-12-31 | restructuring | in_progress | 2004-01-01 | Europe | General | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring costs related to the relocation of European headquarters. Remaining liability of $1.1 million at year-end. | |||
| 2004-12-31 | restructuring | completed | 2003-11-12 | 2004-12-31 | Cambridge | General | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Additional charges accrued in 2004 for severance obligations for employees affected by the Merger in Cambridge facilities. Remaining liability of $0.2 million at year-end. | ||
| 2004-12-31 | restructuring | completed | 2004-01-01 | 2004-12-31 | San Diego | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges of $4.4 million related to severance obligations for certain employees affected by the Merger in San Diego facilities. | |||
| 2004-12-31 | restructuring | in_progress | 2004-01-01 | Europe | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Accrued approximately $2.3 million of restructuring costs related to the relocation of European headquarters. Remaining liability was $1.1 million at year-end. | ||||
| 2004-12-31 | restructuring | in_progress | 2003-11-13 | Cambridge | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Accrued an additional $1.0 million of charges in 2004 for severance obligations for certain employees affected by the Merger in Cambridge facilities. Remaining liability was $0.2 million at year-end. | ||||
| 2004-09-30 | restructuring | in_progress | San Diego, California | Operations | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance charges for certain employees affected by the Merger; $0.4M in Q3, $4.4M YTD; remaining accrual ~$1.0M at quarter-end. | ||||
| 2004-09-30 | restructuring | in_progress | Cambridge, Massachusetts | Operations | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional severance charges accrued in 2004 ($0.2M Q3, $1.0M YTD) on top of $2.1M accrued in 2003; remaining accrual ~$1.6M at quarter-end. | ||||
| 2004-09-30 | restructuring | in_progress | Europe | Operations | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | European headquarters relocation restructuring; $10.2M accrued in 2003 plus $1.3M additional in 2004 YTD; payments of $10.5M YTD; remaining accrual ~$1.0M at quarter-end. | ||||
| 2004-09-30 | restructuring | in_progress | 2003-01-01 | Europe | General | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Relocation of European headquarters. Accrued additional $0.3M in Q3 2004; $1.0M remaining accrual. | |||
| 2004-09-30 | restructuring | in_progress | 2003-01-01 | Cambridge, MA | General | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance for certain employees. Accrued additional $0.2M in Q3 2004; $1.6M remaining accrual. | |||
| 2004-09-30 | restructuring | in_progress | 2004-01-01 | San Diego, CA | General | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance for certain employees affected by Merger. Recorded $0.4M charge in Q3 2004; $1.0M remaining accrual. | |||
| 2004-06-30 | restructuring | in_progress | 2003-12-31 | Europe | Corporate / European headquarters relocation | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring for European HQ relocation; $10.2M accrued in 2003 plus $1M additional in H1 2004; $5.2M paid in H1 2004; ~$6M remaining accrual at 2004-06-30. No employee count disclosed. | |||
| 2004-06-30 | restructuring | in_progress | 2003-12-31 | United States — Cambridge, MA | Cambridge facilities | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance for certain Cambridge employees; $2.1M accrued in 2003 plus $0.8M additional in H1 2004; ~$2.2M remaining accrual at 2004-06-30. No employee count disclosed. | |||
| 2004-06-30 | restructuring | in_progress | 2004-01-01 | United States — San Diego, CA | San Diego facilities | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance for certain San Diego employees affected by the Merger; $4M charged in H1 2004 ($0.8M in Q2); ~$1.8M remaining accrual at 2004-06-30. No employee count disclosed. | |||
| 2004-06-30 | restructuring | in_progress | 2003-12-31 | Europe | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrued additional $1 million in first six months of 2004 for European headquarters relocation. Remaining accrual approx $6 million. | ||||
| 2004-06-30 | restructuring | in_progress | 2003-12-31 | Cambridge | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrued additional $0.8 million in first six months of 2004 for severance obligations for certain employees. Remaining accrual approx $2.2 million. | ||||
| 2004-06-30 | restructuring | in_progress | 2004-01-01 | San Diego | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recorded charges of $4 million in first six months of 2004 for severance obligations for certain employees. Remaining accrual approx $1.8 million. | ||||
| 2004-03-31 | restructuring | in_progress | Europe | Corporate (European headquarters relocation) | USD 9 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Accrued in 2003; $1.0M added and $2.0M paid in Q1 2004, leaving ~$9.2M accrual at 2004-03-31. No employee count disclosed. | ||||
| 2004-03-31 | restructuring | in_progress | United States (Cambridge, MA) | Corporate (Cambridge facilities) | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual of $2.1M recorded in 2003 plus $0.8M additional charge in Q1 2004; ~$2.7M remaining accrual at 2004-03-31. No employee count disclosed. | ||||
| 2004-03-31 | restructuring | in_progress | United States (San Diego, CA) | Corporate (San Diego facilities; merger-related) | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | $3.2M severance charge recorded in Q1 2004 for certain employees affected by the merger; ~$2.8M remaining accrual at 2004-03-31. No employee count disclosed. | ||||
| 2004-03-31 | restructuring | in_progress | Europe | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additional accrual for relocation of European headquarters. | |||||
| 2004-03-31 | restructuring | in_progress | Cambridge | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for severance obligations for certain employees in Cambridge facilities. | |||||
| 2004-03-31 | restructuring | in_progress | San Diego | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for severance obligations for certain employees in San Diego facilities. | |||||
| 2003-12-31 | acquisition_addition | completed | 2003-06-20 | 2003-11-12 | Global | All functions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger completed 2003-11-12; Biogen, Inc. became a wholly owned subsidiary. Filer does not disclose headcount added through the acquisition. |