Biogen to Acquire Apellis, Enhancing the Company’s Growth Portfolio in Immunology and Rare Disease, Bolstering Growth Outlook and Accelerating Expansion into Nephrology - Biogen
Biogen Inc. (NASDAQ: BIIB) has entered into a definitive agreement to acquire Apellis Pharmaceuticals, Inc. (NASDAQ: APLS) for approximately $5.6 billion, consisting of an upfront payment of $41.00 per share in cash and additional contingent value rights (CVRs) tied to sales thresholds for Syfovre. The...