Millennium Pharmaceuticals, Inc. (MLNM) Message Board

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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)

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From: Icebrg	9/24/2007 2:18:04 AM
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Business gets into biking Some call phenomenon ‘the new golf’ By Herald staff Sunday, September 23, 2007 Leave your car at home, bike into work and get an annual $700 raise. That’s Millennium Pharmaceuticals Inc.’s proposition. The Cambridge-based biotech offers employees who bike to work $175 extra per pay quarter. The 1,100-employee company supplies bike racks, locker rooms and showers at its headquarters near MIT. “(The bike racks) are always full,” says Millennium spokeswoman Jen Snyder. In Massachusetts, the U.S. Census in 2000 found that only 0.52 percent of Bay Staters ages 16 and over commuted by bike. But a 2003 study by Portland State University found that 1.48 percent of Boston-area workers used a bicycle to get to work. Biking enthusiasts say corporate moves such as Millennium’s incentive program are part of a growing trend in Boston and the United States to make biking part of the business culture - and the movement goes beyond commuting. bostonherald.com

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