On February 11, 2026, Caroline Dorsa, Chair of the Biogen Inc. Board of Directors announced that she would not stand for re-election to the Board at the 2026 Annual Meeting of Stockholders. Ms. Dorsa's decision to not stand for re-election was not related to any disagreement with the Board or the Company on any matter relating to its operations, policies or practices. On February 11, 2026, the Board of Directors has elected Dr. Maria C. Freire as Chair of the Board of Directors, effective immediately following the Company?s 2026 Annual Meeting of Stockholders, scheduled to take place on June 9, 2026. Dr. Freire joined the Biogen Board in 2021 and serves on the Corporate Governance Committee and on the Compensation and Management Development Committee. Dr. Freire brings to the Biogen Board extensive experience in biomedical innovation, drug development, public?private partnerships, and science policy, with a career spanning biotechnology, global health, and life sciences infrastructure. She has a distinguished record of overseeing complex, mission-critical organizations with a focus on long-term value creation and patient-centric outcomes. Dr. Freire is Founder and Principal of The Freire Group. In addition to Biogen, she currently serves on the boards of Alexandria Real Estate Equities Inc., Exelixis Inc., and Keystone Symposia on Molecular and Cell Biology, and is a member of the National Academy of Medicine and the Council on Foreign Relations. Previously, Dr. Freire served as President and Executive Director of the Foundation for the National Institutes of Health (FNIH), where she led large-scale public?private partnerships advancing research and clinical development across oncology, neurodegenerative diseases, autoimmune disorders, and infectious diseases, and managed complex multi-stakeholder collaborations involving government, industry, and philanthropy. Earlier, Dr. Freire was President and Chief Executive Officer of the Global Alliance for TB Drug Development (TB Alliance), where she built and led a sustainable drug development organization that advanced a range of compounds through the drug development pathway, including pretomanid from preclinical research into clinical trials, (demonstrating capital-efficient development and strategic portfolio management). Pretomanid is now approved for the treatment of multidrug-resistant tuberculosis (MDR-TB). She previously served as President of the Albert and Mary Lasker Foundation, which administers the internationally recognized Lasker Awards, and as Director of the Office of Technology Transfer at the National Institutes of Health, where she oversaw intellectual property strategy, licensing, and industry partnerships. Dr. Freire has served on and chaired the Science Board of the U.S. Food and Drug Administration, was a member of the World Health Organization Commission on Intellectual Property Rights, Innovation and Public Health, and was appointed to the United Nations Secretary-General?s High-Level Panel on Access to Medicines. Her honors include the U.S. Department of Health and Human Services Secretary?s Award for Distinguished Service, the Arthur S. Flemming Award, and the Bayh-Dole Award.
Dr. Freire holds a B.S. from Universidad Peruana Cayetano Heredia in Lima, Peru, and a Ph.D. in Biophysics from the University of Virginia.
Biogen Inc. is one of the world's leaders in the design, manufacturing, and marketing of therapeutic products. Net sales break down by source of income as follows:
- sales of medicines (72%): for treating multiple sclerosis, chronic psoriasis in adults, rheumatoid arthritis, cancers, etc.;
- royalties (7.4%) ;
- other (20.6%): primarily revenues from partnership agreements.
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