Biogen Idec Moving to Weston?

Massachusetts biotech giant Biogen Idec (NASDAQ: [[ticker:BIIB]]) is considering a move from Cambridge to Weston, acording to a report in the Boston Globe. Citing Cambridge’s high real estate costs as motivation for the possible change, Biogen CEO Jim Mullen told Globe reporter Todd Wallack that a yet-to-be-built 350,000 square foot building on Boston Post Road “looks like it is the best fit for what we are doing,” though other sites are  under consideration. The Boston Business Journal first reported that Biogen was looking for a new site for its headquarters back in August.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.