
Biogen Completes $5.3 Billion Acquisition of Apellis to Drive Growth Through 2030
Biogen Inc.Description
What this story covers
Biogen finalized its $5.3 billion acquisition of Apellis Pharmaceuticals, adding two FDA-approved rare disease treatments. The deal, funded by cash and a $2 billion loan, aims to diversify revenue and boost earnings per share starting in 2027.
Story snapshot
CompanyBiogen Inc.
TickerBIIB
VariantStandard detailed
Duration5:18
Filing type8-K
PeriodN/A
IndustryHealthcare & Pharmaceuticals
Accession0001193125-26-222908
Sources1
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