Item 2.02 Results of Operations and Financial Condition.
On October 20, 2009, Biogen Idec Inc. issued a press release announcing its
results of operations and financial condition for the three months ended
September 30, 2009. A copy of the press release is furnished as Exhibit 99.1 and
is incorporated herein by reference.
The press release is being furnished pursuant to Item 2.02 of this Current
Report on Form 8-K and shall not be deemed "filed" for purposes of Section 18 of
the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to
the liabilities of that Section, nor shall such document be deemed incorporated
by reference in any filing under the Securities Act of 1933 or the Exchange Act.
Item 8.01 Other Events.
On October 20, 2009, Biogen Idec Inc. announced that its Board of Directors
authorized the repurchase of its common stock in an amount of up to $1 billion.
The company intends to retire shares following repurchase on the open market.
This repurchase program does not have an expiration date.
Item 9.01 Financial Statements and Exhibits.
The exhibits listed on the Exhibit Index immediately preceding such exhibits
are furnished as part of this Current Report on Form 8-K.