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Wednesday, May 30, 2012
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Biogen Idec Promotes Tony Kingsley to Run Global Commercial Operations

29/09/2011 09:54 (244 Day 07:19 minutes ago)

The FINANCIAL -- WESTON, Mass., Sep 29, 2011 -- Biogen Idec today announced that Tony Kingsley has been promoted to Executive Vice President, Global Commercial Operations, effective Nov. 7.

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Kingsley, 48, will oversee development and execution of Biogen Idec's global commercial business strategies, reporting directly to Chief Executive Officer George A. Scangos, Ph.D. Dr. Francesco Granata, 60, who has headed global commercial operations since early 2010, is leaving to pursue other opportunities but will remain at the company through the end of February to help ensure a smooth transition.

Since January 2010, Mr. Kingsley has served as Biogen Idec's Senior Vice President of U.S. Commercial Operations, responsible for all U.S. commercial functions, including marketing, sales, market access, patient services, training and sales operations. Before joining Biogen Idec, he was Senior Vice President and General Manager, Gynecological Surgical Products at Hologic, Inc., and Division President, Diagnostic Products, at Cytyc Corp. In those roles, Mr. Kingsley ran global functions in commercial, manufacturing and R&D. Prior to that, he was a Partner at McKinsey & Co., Inc., where he worked with global biotechnology, pharmaceutical and medical device companies to improve their performance and drive revenue and earnings growth.

"Tony has demonstrated exceptional leadership since joining Biogen Idec, including playing a key role in strengthening U.S. AVONEX sales, growing TYSABRI sales and advancing our risk-stratification strategy for TYSABRI," said Dr. Scangos. "Tony exemplifies the high-impact talent that we value at Biogen Idec. With his combination of strategic insight and operational expertise, I am confident he is the right person to build on the positive momentum in our global commercial business and prepare the organization for the potential launch of multiple products in the next several years."

Dr. Scangos added, "Francesco's leadership has been instrumental to the success of our global commercial operations, including the launch of FAMPYRA in EU and the commercial availability of the JCV assay in the EU and US. We want to recognize the important role he has played in strengthening the commercial organization and positioning Biogen Idec for the next phase of our growth as a company. We thank him for his many contributions and wish him well in his future endeavors."

Mr. Kingsley said, "With our strong global reach, talented work force and enviable late-stage pipeline, Biogen Idec is well positioned to bring to market therapies that make a real difference in the lives of patients with devastating diseases like multiple sclerosis, ALS and hemophilia. I am excited about my new role and look forward to working with the other members of the commercial team to ensure that our organization continues to be a core strength and competitive advantage for the company."

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