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Millennium Pharmaceuticals, Inc. · Cambridge, MA United States

Company Description

40 Landsdowne St.
Cambridge, MA
02139
United States (Map)
Phone: 617-679-7000
Fax: 617-374-7788
Toll Free: 800-390-5663
    Millennium Pharmaceuticals wants to be the drug company for the new millennium. Its cancer drug Velcade is approved as a treatment for multiple myeloma (a type of blood cancer) and Mantle Cell Lymphoma (or MCL, an aggressive form of non-Hodgkin's lymphoma). The company has more than a dozen other candidates in the pipeline, most of them cancer-related. Millennium's oncology-focused sales force, in partnership with Johnson & Johnson subsidiary Ortho Biotech, sells the drug in the US; Ortho Biotech is responsible for sales in Europe and in other countries where Velcade is approved (except Japan, which is covered by Janssen). Takeda Pharmaceutical acquired Millennium Pharmaceuticals for $8.8 billion in 2008. To read the full description, subscribe now.
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    Key Millennium Pharmaceuticals, Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees947

    Millennium Pharmaceuticals, Inc. Executives

    25 executives listed for Millennium Pharmaceuticals, Inc.'s Cambridge, MA location.
    TitleName & BioContact
    ChairmanKenneth WegNetwork
    Vice ChairmanA. HeidrichNetwork
    President, CEO, and DirectorDeborah DunsireNetwork

    Competition

    Competitive Landscape for Millennium Pharmaceuticals, Inc.
    Demand often depends on the income of consumers or the profitability of business customers, because many technology products and services are expensive. The profitability of individual companies is driven by their ability to develop and market new products. Large companies often have advantages in access to capital and marketing. Small companies can compete successfully if they have expertise in a particular field of knowledge. The industry is capital-intensive: average annual revenue per worker is nearly $300,000. To read the full description, subscribe now.
    Top Millennium Pharmaceuticals, Inc. Competitors
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