argenx acquires Forte Biosciences for $2.2 billion
The deal adds first-in-class anti-CD122 antibody FB102 to its immunology pipeline targeting autoimmune diseases.
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Immunology-focused biopharmaceutical company
argenx.comLast updated
In short: Argenx grew annual product sales to $4.2 billion and achieved its first year of profitability while appointing Karen Massey as its new CEO.
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.
The treatment targets a historically underserved community with a rare form of myasthenia gravis.
Approval extends indication to all adult gMG serotypes based on Phase 3 ADAPT SERON data.
Argenx (ARGX) announced the acquisition of Forte Biosciences (FBRX) at $77 per share on July 27....
Belgian-Dutch immunology company argenx will buy Forte Biosciences to add experimental autoimmune...
Yesterday, the immunology specialist company unveiled its quarterly results and its share ended the session up 5.09%. Today, DZ...
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