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Biogen licenses Vanqua Bio's immune disorder drug for up to $1.06 billion
Reutersยท 2025-10-24 12:30
Core Insights - Biogen has acquired global rights to Vanqua Bio's experimental drug for a total consideration of up to $1.06 billion, aimed at enhancing its immunology drug pipeline [1] Company Summary - The acquisition reflects Biogen's strategic move to expand its portfolio in the immunology sector, indicating a focus on innovative treatments [1] - The financial commitment of up to $1.06 billion suggests a significant investment in research and development for new therapeutic options [1]