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Biogen Idec’s Oceanside Plant Sells for $408M

San Francisco Competitor Completes Acquisition of Biotech Complex
By Randy Evans
July 14, 2005 | 3:05 P.M.

Genentech Inc. of South San Francisco completed its purchase of Biogen Idec’s biologics manufacturing facility in Oceanside for $408 million, or about $816 per square foot.

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