An Alternative Route — within a Major Company: Selling Out, but for Greater Resources and Security

  • Stephanie Jones


‘One of my reasons for leaving Texas Instruments, Abbott Laboratories and Allied Corporation to head up Biogen was to get away from the mega-corporation lifestyle. I’m conscious that there’s some tendency for some biotechnology companies to be taken over by big corporates. We’ve seen how Genentech have sold out a portion of their shares to Hoffman-La Roche. If I think about Biogen’s prospects for continued independence, I’d say that I think biotechnology companies — not unlike the last 30 years of other high technology industries that have developed — as high technology emerging growth companies, can stay independent if they want to.


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© International Business Writing Limited 1992

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  • Stephanie Jones

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