After unanimous votes by the boards of directors of both companies, AstraZeneca has announced it will acquire Alexion Pharmaceuticals. Transaction Details. The acquisition price for Boston-based Alexion is set to total approximately $39 billion, or $175 per share, … The boards of directors of both companies have unanimously approved the acquisition. CHESHIRE, Conn.--(BUSINESS WIRE)-- Alexion Pharmaceuticals, Inc. (Nasdaq: ALXN) today announced that the Company has completed its previously announced acquisition of 100% of the capital stock of Enobia Pharma Corp., a private biopharmaceutical company focused on the development of therapies to treat … The acquisition adds to the company’s growing pipeline with the addition of clinical … “The acquisition of Syntimmune represents a critical step in rebuilding Alexion’s pipeline and further diversifying the company’s clinical-stage rare disease portfolio. Alexion Pharmaceuticals soared 35% in pre-market trading on Monday after AstraZeneca announced a $39 billion acquisition of the Boston-based drugmaker.. Alexion acquires ownership stake in Inozyme . … The acquisition is expected to close in the third quarter of 2021 and Alexion shareholders would own 15% of the combined companies. (Credit: Tumisu from Pixabay) BOSTON–(BUSINESS WIRE)–Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) today announced it has completed its acquisition of Achillion Pharmaceuticals, Inc.The acquisition adds two clinical-stage oral small molecule Factor D inhibitors to Alexion’s pipeline and provides the foundation and expertise for a broader oral … ACQUISITION. Alexion will fund the transaction with cash on hand. Alexion has completed the acquisition of Achillion. Alexion Pharmaceuticals Inc. is an American pharmaceutical company best known for its development of Soliris, a drug used to treat the rare disorders atypical hemolytic uremic syndrome (aHUS) and paroxysmal nocturnal hemoglobinuria (PNH). AstraZeneca buying drug developer Alexion for $39 billion "This acquisition allows us to enhance our presence in immunology," AstraZeneca CEO Pascal Soriot said in a statement. 2, 2020– Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) today announced the successful completion of its acquisition of Portola Pharmaceuticals, Inc. (NASDAQ:PTLA). As part of the acquisition, Alexion will also be acquiring cash currently on Portola’s balance sheet, net of debt of approximately $215 million that will become due upon closing. Alexion completed two acquisitions this year (2020) to add to its commercial portfolio and pipeline. Alexion has grown from a biotech startup to a leading global biopharmaceutical company focused on rare disease. In June (June 2020), Alexion completed its $1.4-billion acquisition of Portola Pharmaceuticals, a South San Francisco-based commercial-stage biopharmaceutical company focused on rare diseases. The cash and stock deal, the largest in AstraZeneca’s AZN, -0.93% history, values Alexion ALXN, -0.59% at $175 per share and has been agreed upon by the boards of directors of both companies. BOSTON--(BUSINESS WIRE)--Nov. 2, 2018-- Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) today announced that the previously announced acquisition of Syntimmune has been successfully completed. AstraZeneca (NYSE:AZN) announced that it entered into a definitive agreement to acquire Alexion Pharmaceuticals (NSDQ:ALXN), expanding its presence in the rare-disease and immunology drugs space.. If the acquisition gets all needed regulatory clearances, as well as approvals by the shareholders of both companies, the deal is expected to be finalized in the third … Acquired Portola Pharmaceuticals, a commercial-stage biopharmaceutical company focused on life-threatening blood-related disorders. Alexion is collaborating with Zealand Pharma A/S to discover and develop novel peptide therapies for up to four targets in the complement pathway. The acquisition adds Factor Xa inhibitor reversal agent Andexxa ® [coagulation factor Xa (recombinant), inactivated-zhzo], marketed as Ondexxya ® in Europe, to Alexion… Alexion Pharmaceuticals, Inc. today announced it has completed its acquisition of Achillion Pharmaceuticals, Inc. The Company is focused on the development and commercialization of therapeutic products. The information contained in this website is made … The proposed cash-and-stock acquisition will add treatments for uncommon blood and … “Alexion has established itself as a leader in complement biology, bringing life-changing benefits to patients with rare diseases. Alexion has been on an acquisition spree. As of December 31, 2019, cash and short-term investments were approximately $430 million. Alexion Pharmaceuticals has offered 7.1 billion Swedish kronor ($855 million) to buy Stockholm-based… Alexion Pharmaceuticals Biotechnology Companies, mergers and acquisitions Financial Rare diseases … On August 21, Spanish website Intereconomia reported that Amgen would be announcing its acquisition of Alexion Pharmaceuticals in the next few days. The acquisition will also enable the company to advance its deep pipeline, as Alexion has been progressing from ultra-orphan to orphan and specialty conditions. It has spent nearly $4 billion in the last 2-3 years acquiring several drug companies. BLUE BELL, Pa., Dec. 19, 2019 (GLOBE NEWSWIRE) -- Achillion Pharmaceuticals, Inc. (Nasdaq: ACHN), a clinical-stage biopharmaceutical company dedicated to transforming the lives of patients and families affected by complement-mediated diseases, today announced that its shareholders have approved the acquisition of Achillion by Alexion Pharmaceuticals… BOSTON & BLUE BELL, Pa.--(BUSINESS WIRE)--Oct. 16, 2019-- Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) and Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) today announced that they have entered into a definitive agreement for Alexion to acquire Achillion, a clinical-stage biopharmaceutical … London: AstraZeneca Plc, one of the drugmakers leading the fight against Covid-19, highlighted where its growth will come from after the pandemic with a $39 billion deal for rare-disease specialist Alexion Pharmaceuticals Inc. View milestones that have marked our growth. Alexion completed the acquisition through a tender offer and subsequent merger of Portola with Odyssey Merger Sub Inc., a wholly owned subsidiary of Alexion ("Buyer"). ... ACQUISITION. Alexion Pharmaceuticals has completed the acquisition of clinical-stage biopharmaceutical company Achillion Pharmaceuticals for around $930m. You are attempting to enter the area of this website that is designated for the publication of documents and information in connection with the proposed acquisition by AstraZeneca PLC (AstraZeneca) and Alexion Pharmaceuticals, Inc. (Alexion) (the Transaction). Alexion Pharmaceuticals, Inc. is a biopharmaceutical company. AstraZeneca is splashing out $39 billion to buy Alexion in a cash-and-stock deal, the British pharma revealed Saturday. BOSTON, July 17, 2020 (GLOBE NEWSWIRE) --– Inozyme Pharma, Inc. today announced the acquisition of Alexion Pharmaceuticals’ intellectual property and assets focusing on ENPP1 gene deficiencies. Peptides offer a number of advantages, including being highly selective and potent, allowing low dosage volumes for ease of administration, and having the potential … BOSTON –(BUSINESS WIRE)–Jul. The company is also involved in immune system research related to autoimmune … The acquisition complements the ongoing development of Inozyme’s …
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