INVESTOR FAQ

INVESTOR FAQ

 

  1. What exchange is Biogen Idec listed on and what is your stock symbol?
    Biogen Idec is listed on the Nasdaq stock exchange under the symbol BIIB.
     
  2. How do I request an Annual Report?
    Please click here to request an annual report.
     
  3. Can I purchase shares directly through the company?
    No, Biogen Idec does not a have a direct stock purchase plan.
     
  4. Does Biogen Idec have a dividend reinvestment plan?
    Biogen Idec does not pay a dividend therefore does not offer a DRIP.
     
  5. How do I replace a lost stock certificate?
    Please call Biogen Idec’s transfer agent:
    Computershare
    250 Royall Street
    Canton,
    MA 02021 (877) 282-1168
    Computershare's website
     
  6. Who do I notify for a change of address?
    Please call Biogen Idec’s transfer agent:
    Computershare
    250 Royall Street
    Canton,
    MA 02021 (877) 282-1168
    Computershare's website
     
  7. Has the company had any stock splits?
    Biogen Idec (as a newly merged company) shares have not split. Prior to the merger, Biogen and Idec Pharmaceuticals both had 2 stock splits. Details are below:
    IDPH: 2-for-1 (12/20/99)
    IDPH: 3-for-1 (1/17/01)
    BGEN: 2-for-1 (11/4/96)
    BGEN: 2-for-1 (6/25/99)
     
  8. When did the merger between Biogen (BGEN) and IDEC Pharmaceuticals (IDPH) take place?
    The merger between Biogen (BGEN) and IDEC Pharmaceuticals (IDPH) closed on November 12, 2003 to create Biogen Idec (BIIB)

    What were the terms of the merger?

    + Biogen shareholders (on record as of September 25, 2003) received 1.15 shares of Biogen Idec for each share they owned of Biogen

    + IDEC Pharmaceuticals shareholders will continue to own the same amount of shares in Biogen Idec
     
  9. If I owned Biogen shares before the merger, what is the new cost-basis for my Biogen Idec shares?
    You can determine your new cost-basis by taking the price at the time you purchased your Biogen shares and dividing that by 1.15. For example: • 100 Biogen shares become 115 Biogen Idec shares (100 * 1.15 = 115) • The original purchase price of those Biogen shares was $30.00 • New cost-basis for your Biogen Idec shares is $26.09 ($30  1.15 = $26.09)
     
  10. How do I exchange my Biogen shares for Biogen Idec shares?
    By now, you should have received a Letter of Transmittal giving instructions on exchanging your Biogen shares for Biogen Idec shares. If you have not received this information, please contact the Corporate Actions Dept. of Computershare at (781) 575-4593.
     
  11. Who can I call if I have further questions?
    Biogen Idec’s investor relations department is happy to provide shareholders with a toll-free number to answer their questions. That number is (877) 420-BIIB (2442). If your question is merger-transaction specific (e.g. you lost your Biogen shares), please call Computershare at (781) 575-4593.