Why did Biogen pay up for Apellis Pharmaceuticals?

Because this may be less about buying a drug and more about buying a nephrology platform.

Our latest argues that kidney disease is starting to look like biotech’s next strategic battleground, and that Biogen’s Apellis deal may be an early signal of where the industry is heading.

Read more: https://biotech.industryexaminer.com/biogen-apellis-kidney-disease-nephrology-biotech/

#Biotech #KidneyDisease #Nephrology #Biogen #TechNews

Biogen’s $5.6 Billion Apellis Deal Is Really a Bet on Kidney Disease - Biotech Industry Examiner

The acquisition gives Biogen near-term revenue, but the more important prize may be something pharma rarely gets to buy fully formed: a nephrology commercial

Biotech Industry Examiner