argenx completes acquisition of Forte Biosciences to expand pipeline
The $77 per share cash tender offer secures first-in-class anti-CD122 antibody FB102 for treating vitiligo and celiac disease.
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Immunology-focused biopharmaceutical company
argenx.comLast updated
In short: Argenx acquired Forte Biosciences for $2.2B, achieved FDA label expansion for Vyvgart, and reported record revenue and profitability.
The $77 per share cash tender offer secures first-in-class anti-CD122 antibody FB102 for treating vitiligo and celiac disease.
The drug demonstrated statistically significant clinical improvements over placebo in immune-mediated necrotizing myopathy and dermatomyositis patients after one year of treatment.
The deal adds first-in-class anti-CD122 antibody FB102 to its immunology pipeline targeting autoimmune diseases.
Second quarter product net sales reached $1.5 billion, a 60% year-over-year increase, and the company expanded VYVGART label to all gMG serotypes.
Belgian-Dutch immunology company argenx has agreed to acquire Forte Biosciences for $2.2 billion (€1.9 billion), gaining FB102, an early-stage antibody that has already produced efficacy...
The Argenx share fell by around 5 percent on the Nasdaq on September 13, 2026, following a critical analysis, as reported by AAII on September 13, 2026. Current assessments and the...
Insider activity picked up sharply this week. The biggest single trade came from ARGX. argenx founder and CEO Timothy Van Hauwermeiren filed a $21.1 million...
The Argenx stock benefits from a strong Q2 2026 with significantly exceeded revenue and profit forecasts, as well as fresh support from analyst ratings and price targets.
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