
Biogen to spend up to $1.8B for HI-Bio acquisition
2024-05-28
Biogen announced it will acquire Human Immunology Biosciences, also known as HI-Bio, in a deal valued at up to $1.8 billion. The purchase includes felzartamab, an asset designed to treat primary membranous nephropathy, a rare type of kidney disease, increasing Biogen's inventory of rare disease medications.
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