Vertex Pharmaceuticals to acquire Alpine Immune Sciences for $4.9bn in strategic expansion

Vertex Pharmaceuticals to acquire Alpine Immune Sciences for $4.9bn in strategic expansion

In a major development in the biotechnology industry, Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) and Alpine Immune Sciences, Inc. (Nasdaq: ALPN) have announced a definitive agreement where Vertex will acquire Alpine for $65 per share, amounting to approximately $4.9 billion in cash. This transaction, unanimously approved by both companies’ Boards of Directors, is set to close […]

AbbVie to acquire Landos Biopharma to bolster autoimmune disease treatments

AbbVie to acquire Landos Biopharma to bolster autoimmune disease treatments

AbbVie Inc. (NYSE: ABBV) and Landos Biopharma, Inc. (NASDAQ: LABP) have announced a landmark agreement, marking a strategic move in the biopharmaceutical sector focused on the development of novel treatments for autoimmune diseases. The definitive agreement outlines AbbVie’s acquisition of Landos, a clinical-stage biopharmaceutical company renowned for its innovative approach to creating oral therapeutics for […]