Shire PLC is expanding its hematology business with the acquisition of FerroKin Biosciences, Inc., a San Francisco biotech with an iron chelator in Phase II development. The company announced the acquisition March 15 for an upfront payment of $100 million and potential post-closing milestones of $225 million.
The acquisition announcement comes one day after Shire said it has withdrawn its U.S. BLA for Replagal (agalsidase alfa) for...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Pink Sheet for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?