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Executive Spotlights

Biogen's $6.5B Acquisition of Reata: Powering Up Rare Disease Portfolio!

  • Aug 3, 2023
  • 1 min read

Cambridge, MA, July 28, 2023 (Reuters) -- Biogen (BIIB.O) has announced that it is acquiring Reata Pharmaceuticals (RETA.O), for almost $6.5 billion. This marks the first significant acquisition under the leadership of CEO Christopher Viehbacher, steering the drugmaker towards a path of growth.


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