Biogen agrees to acquire RayThera for up to $1 billion
The deal adds multiple immunology assets, with a lead candidate poised to enter Phase 1 development in Q3 2026.
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Biopharmaceutical company for neurological, immune, and rare diseases
biogen.comLast updated
In short: Biogen expanded its immunology and rare disease portfolios through strategic acquisitions and clinical progress, despite mixed Alzheimer's results.
The deal adds multiple immunology assets, with a lead candidate poised to enter Phase 1 development in Q3 2026.
Designation based on Phase 1b data showing improved motor function in SMA children after gene therapy, addressing unmet needs.
The Phase 3 PHOENYCS GO trial met its primary endpoint with statistically significant improvement at Week 48.
The LUMA study did not meet primary or secondary endpoints in early-stage Parkinson's disease.
XLV falls as Moderna surges; CMS drug-price rule pressures Merck and J&J; Lilly and Biogen announce deals.
Biogen has struck a deal to acquire private biotechnology company RayThera for up to $1 billion, the companies said on Wednesday, as the U.S.-listed drugmaker...
Biogen Canada Inc. is disappointed that negotiations with the pan-Canadian Pharmaceutical Alliance (pCPA) for SKYCLARYS™ (omaveloxolone) have concluded without reaching an agreement.
Baker City Herald | Local News, Sports & Community in Baker County, OR...
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