Page 60 - New Employee Glossary

Glossary 60

The share of the product, or of the proceeds realized from the product, reserved by an owner
for permitting another entity to exploit and use that entity’s property, i.e. it is the rental paid
to the original owner of property based upon a percentage of sales, profit or production.

RTP (Research Triangle Park)

Biogen has offices and a manufacturing facility in North Carolina, located in RTP.

Run Rate

Total projected spend for 12 months, comprised of current actuals plus remaining
forecasted months.

S

SAFE

Security Awareness For Everyone

Safety & Benefit Risk Management (SABR)

Department at Biogen responsible for overseeing the safety of subjects participating in
Biogen’s clinical trials.

Safety of Tysabri Re-dosing & Treatment (STRATA)

An open-label, single-arm, multinational study in which all patients received TYSABRI every
four weeks for 48 weeks.

Sales & Marketing Expenses

These are other costs not directly related to producing the product or service to be sold.
While certainly necessary, sales and marketing costs should be monitored and compared
frequently to similar numbers from other companies in the same industry with products in
the same point in the life cycle.

Sales & Marketing (S&M)

Commercial activities

Sales & Operational Planning (S&OP)

Meeting and event planning group for Commercial programs

Sales Costs