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Wednesday, April 10, 2024

Vertex Pharmaceuticals to buy Alpine Immune Sciences for $4.9 b

Vertex Pharmaceuticals will acquire therapy developer Alpine Immune Sciences for $65 per share, or about $4.9 billion in cash, the companies said on Wednesday.

With the acquisition, Vertex will add Alpine's portfolio of protein-based immunotherapies to treat autoimmune and inflammatory diseases.

The transaction, approved by Vertex and Alpine's boards, is expected to close in the second quarter of 2024.

https://finance.yahoo.com/news/1-vertex-pharmaceuticals-buy-alpine-201609049.html

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