- World Federation of Hemophilia Humanitarian Aid Program to Receive 500 Million International Units Over 5 Years - Biogen Idec (NASDAQ: BIIB) and Swedish Orphan Biovitrum AB (publ) (Sobi) (STO: SOBI) today announced their intent to produce one billion international units (IUs) of clotting factor therapy for humanitarian aid programs in the developing world at the World Federation of Hemophilia (WFH) 2014 World Congress. Initially, the companies have committed to donating up to 500 million IUs to the World Federation of Hemophilia over five years to support its efforts to raise the standard of care for people with haemophilia in the developing world. The remaining 500 million IUs of clotting factor will be made available for future distribution. This donation is expected to enable a predictable, sustained humanitarian supply of factor therapy and improve the quality of patient care and outcomes in the developing world. Haemophilia is a rare, chronic, inherited disorder in which the ability of a person's blood to clot is impaired. This can lead to recurrent and extended bleeding episodes. According to the WFH, an estimated 400,000 people worldwide are living with haemophilia and of these, more than 300,000 individuals live in areas where there is limited access to diagnosis and treatment. The commitment of one billion IUs of factor is intended to enable physicians to treat more than 75,000 joint bleeding episodes, more than 2,000 life threatening bleeding episodes as well as conduct thousands of elective surgical procedures that would not be possible without access to clotting factor. "All of us at Biogen Idec are dedicated to making life better for people living with haemophilia," said George A. Scangos, Ph.D., chief executive officer of Biogen Idec. "Haemophilia occurs all over the world, and this donation will provide some level of care to thousands of people who otherwise would not have access to treatment." "Our dialogue with the haemophilia community consistently highlights sustainable global equity as a major unmet need in the field," said Geoffrey McDonough, M.D., president and chief executive officer of Sobi. "This donation is consistent with our patient-centered approach, and has the potential to transform the treatment model for people with haemophilia in developing countries. We are proud to partner with the WFH in their work." "The WFH humanitarian aid program would exist in name only if not for the generous donations we receive from companies such as Biogen Idec and Sobi," said WFH President Alain Weill. "Their generosity today brings us 500 million steps closer to making the WFH vision of treatment for all a reality." Biogen Idec and Sobi are partners in the development and commercialisation of treatments for haemophilia. Biogen Idec, which is responsible for product supply under the collaboration, will designate one billion IUs of clotting factor therapy for use in humanitarian programs over the next decade. Under the terms of the agreement with WFH, at least 85 percent of donated factor will be Antihemophilic Factor VIII (Recombinant), Fc Fusion Protein for the treatment of haemophilia A, with the remainder comprised of Coagulation Factor IX (Recombinant), Fc Fusion Protein for the treatment of haemophilia B. The donation of Antihemophilic Factor VIII (Recombinant), Fc Fusion Protein is contingent upon approval of a Biologics License Application currently under review by the U.S. Food and Drug Administration (FDA). Shipments for humanitarian programs are expected to begin in the second half of 2015. Countries eligible for the WFH program use less than 1 IU of FVIII per capita. Due to the lack of treatment, people with severe haemophilia in these countries often do not survive to adulthood. - - - About the World Federation of Hemophilia For 50 years, the World Federation of Hemophilia (WFH), an international not-for profit organisation, has worked to improve the lives of people with haemophilia and other inherited bleeding disorders. Established in 1963, it is a global network of patient organisations in 122 countries and has official recognition from the World Health Organization. Visit WFH online at www.wfh.org. About the Biogen Idec and Sobi Collaboration Biogen Idec and Swedish Orphan Biovitrum (Sobi) are partners in the development and commercialisation of treatments for haemophilia. Biogen Idec leads development, has manufacturing rights, and has commercialisation rights in North America and all other regions in the world excluding the Sobi territory. Sobi has the right to opt in to assume final development and commercialisation in Europe, Russia, the Middle East and Northern Africa. About Biogen Idec Through cutting-edge science and medicine, Biogen Idec discovers, develops and delivers to patients worldwide innovative therapies for the treatment of neurodegenerative diseases, haemophilia and autoimmune disorders. Founded in 1978, Biogen Idec is the world's oldest independent biotechnology company. Patients worldwide benefit from its leading multiple sclerosis therapies. For product labeling, press releases and additional information about the company, please visit www.biogenidec.com. About Sobi Sobi is an international specialty healthcare company dedicated to rare diseases. Our mission is to develop and deliver innovative therapies and services to improve the lives of patients. The product portfolio is primarily focused on inflammation and genetic diseases, with two late stage biological development projects within haemophilia. We also market a portfolio of specialty and rare disease products for partner companies. Sobi is a pioneer in biotechnology with world-class capabilities in protein biochemistry and biologics manufacturing. In 2013, Sobi had total revenues of SEK 2.2 billion ($ 334 M) and about 550 employees. The share (STO: SOBI) is listed on NASDAQ OMX Stockholm. More information is available at www.sobi.com. Sobi Media Contact: Investor Relations contact: Oskar Bosson Jörgen Winroth T: +46 70 410 71 80 T: +1 347-224-0819, +1 212-579-0506, +46 8 697 2135 oskar.bosson@sobi.com jorgen.winroth@sobi.com Biogen Idec Media Contact: Todd Cooper +1-781-464-3260 public.affairs@biogenidec.com Biogen Idec Safe Harbor This press release contains forward-looking statements, including statements about the amount of clotting factors to be supplied and the timing thereof. These statements may be identified by words such as "believe," "expect," "may," "plan," "potential," "will" and similar expressions, and are based on current beliefs and expectations. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including the risk that regulatory authorities fail to approve or delay approval of the Antihemophilic Factor VIII (Recombinant), Fc Fusion Protein drug candidate, the risk of manufacturing problems and the other risks and uncertainties that are described in the Risk Factors section of Biogen Idec's most recent annual or quarterly report filed with the U.S. Securities and Exchange Commission. Any forward-looking statements speak only as of the date of this press release and Biogen Idec assumes no obligation to update any forward- looking statements, whether as a result of new information, future events or otherwise. For more information please contact [HUG#1784367]
Biogen Idec and Sobi to donate 1 billion international
Top 10 Most Recent News Articles
IBM's Sports Tech Challenge Crowns AI Innovator LivXP
Pioneering AI for Fan Engagement The big leagues of sports tech are buzzing, as IBM has just announced LivXP as the standout winner of their Sports Tech Startup Prize Challenge at the dynamic Web Summit Lisbon 2026. If there's one thing to remember, it's that this isn't just any accolade. This is a nod from IBM—an institution that's rubbed elbows with the giants of...
Continue Reading
Skilled Nursing: The Backbone of Comprehensive Care
Crucial Crossroads: Hospital to Home Some stories don't come with ticker symbols or stock rises. Sometimes, we're sifting through what really matters—like Terry Esterline's rundown on skilled nursing and rehab services in Hillsdale, Michigan. This isn't about making a quick buck, it's about what helps people rebuild after a hospital stay. The Nuts and Bolts of Skilled...
Continue Reading
Nauticus Schedules 2026 Q3 Earnings Call; Key Insights Await
Word on the street is that Nauticus Robotics is gearing up to dish out their third quarter earnings on November 17, 2026. If you're eyeballing the stock, NASDAQ:KITT, this might be your show. Autonomy in the subsea world isn't just about flashy tech—it's about getting investors to buy into the vision. These folks are turning waves into action with robots that perform...
Continue Reading
HLTH 2026: AI's Role in Couples Therapy Unveiled
Testing AI's Place in the Therapy Room AI's getting more action in therapy sessions than it ever dreamed, and it’s high time we asked who benefits and who loses. Slotting in next to human therapists, AI like OurRitual’s Ora isn't about to steal the whole show, but it sure knows how to play a supporting role. At the HLTH 2026 conference, Dr. Orna Guralnik and OurRitual...
Continue Reading
DAN, GPRO, PSNL Deals Under Investor Scrutiny
Behind the Curtain: What Do These Deals Mean for Shareholders? Sometimes, investing in a stock ain't just about numbers on a screen—it's about untangling the whole messy ball of yarn these companies hand you with a smile. We're looking at Dana Incorporated (NYSE: DAN), GoPro, Inc. (NASDAQ: GPRO), and Personalis, Inc. (NASDAQ: PSNL). They've all got deals on the table,...
Continue Reading
Baidu Faces Securities Suit Deadline This Week
Deadline Looms Large for Baidu Investors Well, here we are again, dealing with another securities class action. If you've got your money parked in Baidu (NASDAQ:BIDU), the clock is ticking, and it's time to pay attention. November 13, 2026, is creeping up fast, and that could be a serious point of no return. What's the Buzz About? Faruqi & Faruqi, LLP, a heavyweight in...
Continue Reading
FIS Under Investigation: Legal Woes Hit Shareholders
When Forecasts Falter: A Reality Check for FIS Investors You ever get the feeling a company is just a bit too optimistic? Well, Fidelity National Information Services, Inc. (NYSE: FIS) might've been playing that game up until its recent fiscal hiccup. The mess started on November 4, 2026, when FIS decided to slash its fiscal 2026 adjusted EPS outlook. From a Wall Street...
Continue Reading
Millrose Faces Class Action for Alleged Deception
A Surprising Turn for Millrose Properties Nobody's grumbling over their coffee as much as Millrose Properties' investors these days. The company, traded under NYSE:MRP, is facing a securities class action lawsuit that'll make even the steeliest fund managers flinch. You see, this isn't just any lawsuit—it's a slap in the face of those who thought they were backing a...
Continue Reading
Frasle Mobility's Resilience Despite Market Woes in 3Q26
Economic Wrangling: What Happened? Here comes Frasle Mobility, standing tall against a tide trying to pull everyone under. Ending the third quarter of 2026, they dropped a modest net revenue of R$1.38 billion. A light dip of 1.9% year-over-year, but don't let that fool you. Amid the chaos, these folks managed to expand their gross margin and kept their financials...
Continue Reading
MY DR NOW Challenges 9-to-5 with New Clinics
Revolutionizing Healthcare Access Latte in one hand and the other hand tapping your steering wheel, trying to squeeze in that elusive doctor’s appointment between work meetings. Sound familiar? Well, those days might just be numbered. MY DR NOW is shaking up the traditional 9-to-5 doctor’s office stereotype by opening two new clinics that’ll stand sentinel seven...
Continue ReadingTop 5 Most Recently Viewed Articles
Immunocore Unveils Promising Data for Brenetafusp in Ovarian Cancer
Immunocore Takes Key Steps with Brenetafusp Immunocore, a biotechnology firm dedicated to creating innovative immunomodulating treatments, has revealed important findings from the Phase 1 trials of brenetafusp, an ImmTAC bispecific that targets PRAME in ovarian cancer patients who are resistant to platinum therapy. These results were shared at a notable medical...
Continue Reading
Santhera and Ikris Pharma Join Forces for AGAMREE® in India
Santhera Partners with Ikris for AGAMREE® Distribution Pratteln, Switzerland – Santhera Pharmaceuticals (SIX: SANN) has recently formed a pivotal agreement with Ikris Pharma Network to distribute AGAMREE® (vamorolone) in India. This exclusive partnership is dedicated to providing a treatment option for Duchenne muscular dystrophy (DMD) in children four years and...
Continue Reading
Orchid Island Capital Highlights August Dividend and Portfolio Insights
Orchid Island Capital Declares August Monthly Dividend Orchid Island Capital, Inc. (NYSE: ORC), a prominent player in the specialized finance sector, has declared a monthly cash dividend of $0.12 per common share for August. This dividend is scheduled for distribution on September 29, keeping with the company’s commitment to returning value to its shareholders. Dividend...
Continue Reading
Mercari Japan App Debuts in U.S.: A Shopping Shift
A New Frontier for Cross-Border Shopping There's a fresh wind blowing for collectors and Japan enthusiasts in the U.S. as Mercari Japan rolls out a new standalone app on American soil. Designed to streamline the hunt for Japanese treasures, it’s a bold play to solidify Mercari’s position as a cross-border e-commerce powerhouse. Maybe they’ve seen the writing on the...
Continue Reading
Franklin Access Receives Financing for Groundbreaking Sigbeat Venture
Franklin Access Secures New Funding for Innovative Sigbeat Joint Venture Franklin Access (NASDAQ: FKWL) is thrilled to announce that it has successfully secured funding for its strategic joint venture to develop cutting-edge 4G/5G modules and artificial intelligence (AI) solutions under the Sigbeat brand. This significant milestone marks a transformative step towards...
Continue Reading