At Biogen, a path for transgender employees

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But the excitement around the first FDA-approved drug to target the underlying cause of the memory-robbing disease—not just its symptoms—has ebbed since then. The drugmaker reported just $300,000 in revenue from Aduhelm sales during the third quarter, a fraction of what Wall Street was expecting. Javier Barrientos, director of global inclusion at Biogen. For the best MarketWatch.com experience, please update to a modern browser.

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“In terms of this new drug, we are keeping an open mind,” said Dick Novik, who retired from the broadcast business to help care for his wife, Eugenia Zukerman, following her Alzheimer’s diagnosis. Royalty Pharma Plc said Monday it agreed to pay up to $1.125 billion for drug royalties owned by Ionis Pharmaceuticals Inc. . The royalties include Ionis’ interests in Biogen’s Spinraza medicine and Novartis… We welcome new perspectives, encourage professionalism & personal growth, & offer programs to ensure employees’ well-being. The Centers for Medicare and Medicaid Services plans to issue a draft decision by mid-January, a spokesperson told CNBC.

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If the transgender employee would feel more comfortable for a period of time, we might be able to designate a single-use facility. It talks about what to do in advance of the announcement, barefoot investor review how to handle issues of bathroom use, what to do after the transition in terms of name changes and benefits. Normally we start with an awareness training for the immediate leadership team.

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Given Aduhelm’s lackluster debut, as well as generic competition for Biogen’s other drugs, the company now plans to cut $500 million in annual costs. The company now plans to slash Aduhelm’s controversial list price by roughly half in a bid to boost sales. The only ones that I know of are very positive letters of support from employees and patients and random people who felt that it was the right thing for Biogen to do, to stand up. In the most recent webcast that George did, the employees had an opportunity to ask him about it, and when he addressed this issue, he got a resounding round of applause. Long before Massachusetts legislators passed the contentious bill that protects transgender people from discrimination in public accommodations, Biogen Inc. was championing the rights of its transgender employees.

In December, it also said it would slash Aduhelm’s controversial $56,000 annual list price by about 50% in a bid to boost sales. The company anticipates 50,000 new patients could start Aduhelm in 2022 with insurance coverage and greater access to diagnostics and specialized centers. Biogen, Inc. is a biopharmaceutical company, which engages in discovering, developing, and delivering therapies for neurological and neurodegenerative diseases.

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Bringing all these people from different backgrounds under one tent to be able to collaborate, you need to establish an environment that is fair and is respectful and is conducive to merit and excellence. You cannot have any of that if you have employees who are in fear of being who they are. Javier Barrientos, senior director of global diversity and inclusion at Biogen, recently spoke to reporter Katie Johnston about the company’s outspoken stance on transgender rights.

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We care about your experience as a candidate and want you to feel well-informed and prepared to bring your best self throughout the hiring process. ‘s Alzheimer’s drug Aduhelm in June was heralded as a historic triumph in the fight against a disease that kills thousands of Americans every year. Despite high expectations, Biogen has reported only a fraction of estimated sales for its historic Alzheimer’s treatment.

We care deeply about making a difference in the world beyond our medicines

It offers TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA for the treatment of multiple sclerosis, SPINRAZA for the treatment of spinal muscular atrophy, and FUMADERM for the treatment of severe plaque psoriasis. The company was founded by Charles Weissmann, Heinz Schaller, Kenneth Murray, Walter Gilbert, and Phillip Allen Sharp in 1978 and is headquartered in Cambridge, MA. If they to want a single occupancy bathroom for a while, that is their option. I don’t know if anybody has asked for a specific bathroom assignment, neither the employee nor the co-workers.

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Three years ago, the Cambridge biotech adopted a transgender rights policy and mapped out a plan for workers who are transitioning to a different gender. The biotech also actively advocated for the Massachusetts law, recently taking part in a roundtable at the State House of business leaders supporting the bill. Talent comes in all forms, shapes, and backgrounds, and we want to be a company that welcomes that talent. Diversity is a driver of success in the workplace, so it contributes to better quality decision-making, better innovation.

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We invite an expert from outside the company, and they get to hear what are some best practices about how other companies have handled this, and they get to ask all the questions they need to ask. And then we go on to completing the plan with the dates, with the help of the employee, when we believe the milestones will be achieved, including presentation in the new gender. Meanwhile, shares of the Cambridge, Massachusetts-based biotech have cratered roughly 40% since the beginning of June.