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Biogen to acquire Apellis Pharmaceuticals for $5.6B

PUBLIC · BIIBApr 01, 2026

Acquiring Company

BioGen

Acquired Company

Apellis Pharmaceuticals

CambridgeWalthamBiotechnologyHealth CareBiotechnology ResearchBiotechnologyHealthcareHealth CareTherapeuticsPharmaceuticalBiopharma

Description

Biogen has agreed to acquire Apellis Pharmaceuticals for approximately $5.6 billion, priced at $41 per share in cash. The deal includes contingent value rights for Apellis investors, tied to the sales benchmarks of their leading drug, Syfovre. This acquisition is part of Biogen's strategy to expand its portfolio in immunology and rare diseases.

Quick answer

BioGen is acquiring Apellis Pharmaceuticals for $5.6 billion, announced April 1, 2026. BioGen is based in Cambridge, Massachusetts, United States.

How much did BioGen pay for Apellis Pharmaceuticals?
The reported deal value is $5.6 billion.
What does BioGen do?
BioGen is a biotechnology company specializing in the development of therapies for neurological diseases.
Where are BioGen and Apellis Pharmaceuticals based?
BioGen is based in Cambridge, Massachusetts, United States. Apellis Pharmaceuticals is based in Waltham, Massachusetts, United States.
Who are the decision-makers at BioGen?
Fundz holds 1 contact at BioGen. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

BioGen

Location

Cambridge, Massachusetts, United States

About

BioGen is a biotechnology company specializing in the development of therapies for neurological diseases. It has pioneered innovations in treatment for various neurodegenerative conditions. Founded in 1978, BioGen continuously strives to improve the lives of patients through science.

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Frequently asked

Who acquired Apellis Pharmaceuticals?

Apellis Pharmaceuticals was acquired by BioGen, based in Cambridge. The deal was reported on April 1, 2026. BioGen is a biotechnology company specializing in the development of therapies for neurological diseases. It has pioneered innovations in treatment for various neurodegenerative conditions. BioGen is publicly traded (BIIB) and operates in Biotechnology.

When did BioGen acquire Apellis Pharmaceuticals?

BioGen's acquisition of Apellis Pharmaceuticals was reported on April 1, 2026. Biogen has agreed to acquire Apellis Pharmaceuticals for approximately $5.6 billion, priced at $41 per share in cash. The deal includes contingent value rights for Apellis investors, tied to the sales benchmarks of their leading drug, Syfovre. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Apellis Pharmaceuticals do?

Apellis Pharmaceuticals, Inc. is a global biopharmaceutical company that combines courageous science and compassion to develop life-changing therapies for some of the most challenging diseases patients face. It is privately held, operating in Biotechnology, and is based in Waltham.

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