Vertex to Pay $4.9 Billion for Kidney Disease Drug Developer

Published on 11 Apr 2024 on Bloomberg via Yahoo Finance

Vertex to Pay $4.9 Billion for Kidney Disease Drug Developer

(Bloomberg) -- Vertex Pharmaceuticals Inc. agreed to buy Alpine Immune Sciences Inc. for a total equity value of about $4.9 billion, adding the biotech company’s immune treatments in its biggest acquisition ever.

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