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Biogen Acquires Apellis for $5.6B, Expanding C3 Therapies Portfolio
Financebloombergcnbcmarketwatch+2Yahooseeking-alpha19d ago5 sources

Biogen Acquires Apellis for $5.6B, Expanding C3 Therapies Portfolio

Biogen has agreed to acquire Apellis Pharmaceuticals for approximately $5.6 billion, a deal that will expand Biogen's portfolio of rare-disease and kidney disease medicines by adding C3 therapies. The company is now detailing the deal, projecting mid-to-high-teens growth and EPS accretion by 2027.