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Biogen Completes Acquisition Of Reata Pharmaceuticals

PUBLIC · BIIBSep 26, 2023

Acquiring Company

BioGen

Acquired Company

Reata Pharmaceuticals

CambridgePlanoBiotechnologyHealth CareBiotechnology ResearchBiotechnologyHealth Care

Description

Biogen Inc. (Nasdaq: BIIB) – has completed the acquisition of Reata Pharmaceuticals, Inc. (Nasdaq: RETA), a company focused on developing therapeutics that regulate cellular metabolism and inflammation in serious neurologic diseases. As a result of the transaction, Biogen has now acquired SKYCLARYS® (omaveloxolone), as well as other clinical and preclinical pipeline programs.

Quick answer

BioGen is acquiring Reata Pharmaceuticals, announced September 26, 2023. BioGen is based in Cambridge, Massachusetts, United States.

How much did BioGen pay for Reata Pharmaceuticals?
The deal value was not disclosed.
What does BioGen do?
BioGen is a biotechnology company specializing in the development of therapies for neurological diseases.
Where are BioGen and Reata Pharmaceuticals based?
BioGen is based in Cambridge, Massachusetts, United States. Reata Pharmaceuticals is based in Plano, Texas, 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 Reata Pharmaceuticals?

Reata Pharmaceuticals was acquired by BioGen, based in Cambridge. The deal was reported on September 26, 2023. 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 Reata Pharmaceuticals?

BioGen's acquisition of Reata Pharmaceuticals was reported on September 26, 2023. Biogen Inc. (Nasdaq: BIIB) – has completed the acquisition of Reata Pharmaceuticals, Inc. (Nasdaq: RETA), a company focused on developing therapeutics that regulate cellular metabolism and inflammation in serious neurologic diseases. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Reata Pharmaceuticals do?

Reata is a global biopharmaceutical company committed to developing and commercializing novel therapeutics for patients with serious or life-threatening diseases with few or no approved therapies. It is privately held, operating in Biotechnology, and is based in Plano.

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