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Alexion Buys A Complementary Business With Achillion

 
• By Jessica Merrill

The company agreed to pay $930m up front to acquire Achillion, which has two drugs in Phase II development for complement alternative pathway-mediated rare diseases.

Two wedding rings in infinity sign. Love concept. Very small depth. - Image
Alexion has found a business match in Achillion • Source: Shutterstock

Alexion Pharmaceuticals Inc.'s acquisition of Achillion Pharmaceuticals Inc. will add two clinical-stage drugs that will build on Alexion's own expertise in complement alternative pathway-mediated rare diseases. Achillion is developing oral small molecule Factor D inhibitors for diseases like paroxysmal nocturnal hemoglobinuria (PNH), where Alexion is the current market leader with its C5 inhibitor Soliris (eculizumab) and second-generation drug Ultomiris (ravulizumab).

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• By Andrew McConaghie

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• By Kevin Grogan

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• By Joseph Haas

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