December 15th, 2015

Biogen Idec Selects Veritude's Managed Services Program

BOSTON, Aug. 20 /PRNewswire/ -- Veritude, a leading provider of talent acquisition and management services, today announced it has been selected by Biogen Idec (NASDAQ:BIIB), a global biotechnology leader in the discovery, development, manufacturing and commercialization of innovative therapies, to manage their temporary staffing requirements.

Cambridge, Mass-based Biogen Idec creates new standards of care in therapeutic areas to address a variety of key unmet medical needs. Patients in more than 90 countries benefit from Biogen Idec's significant products that address diseases such as lymphoma, multiple sclerosis and rheumatoid arthritis.

Under the terms of the agreement, Veritude will have an on-site team fully dedicated to staffing Biogen Idec's temporary needs or positions at the company's headquarters. Veritude will also be managing temporary staffing needs at the company's offices in San Diego, Calif. and Research Triangle Park, N.C. As with all of Veritude's managed services clients, a dedicated customer relationship manager will work closely with Biogen Idec to ensure Veritude consistently delivers high levels of service and quality.

Veritude's customized service approach delivers high quality candidates for professional, IT, scientific, and administrative positions across multiple industries. As Biogen Idec is one of the most successful drug manufacturers in the world, the agreement represents a significant addition to Veritude's portfolio of clients in the life sciences industry. The agreement also adds to Veritude's increasing presence in the Research Triangle Park area.

Diane Shelgren, executive vice president of Strategy and Client Development for Veritude said, "We are delighted to welcome Biogen Idec to the growing number of life sciences and biotechnology firms that are turning to Veritude for talent acquisition services. Biogen Idec is a leader in their space and we look forward to developing a long-term partnership that will help them continue to achieve business success."

About Veritude

Veritude, a Fidelity Investments company, was founded in 1986 as the internal provider for Fidelity's North American staffing needs. Today, Veritude offers a full suite of services including, Recruitment Process Outsourcing (RPO), staffing, managed services and consulting. Veritude's unrelenting commitment to outstanding customer support and candidate quality offer competitive advantages to clients and rewarding career opportunities to associates. To learn more, call 1-800-597-5537 or visit veritude.com.

Source: Veritude

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