Sanofi has hit the acquisition trail again to strengthen its rare disease pipeline, buying US biotech Inhibrx, Inc. and what it hopes will be a best-in-class asset to treat alpha-1 antitrypsin deficiency (AATD).
Sanofi Ramps Up In Rare Diseases With Inhibrx Buy
The French major is paying up to $2.2bn to get access to Inhibrx’s alpha-1 antitrypsin deficiency candidate and to take a stake in the rest of the California-based biotech’s portfolio.
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