Issue Date: May 29, 2017
Bioverativ buys rare blood disease firm
Seeking to become a leader in treating blood disorders, Bioverativ will pay $400 million up front to acquire privately held True North Therapeutics. Bioverativ, a Biogen spin-off, adds to its portfolio TNT009, a monoclonal antibody in early-stage studies for cold agglutinin disease, a rare form of anemia that occurs when autoantibodies attack red blood cells. True North investors could see another $425 million in milestone payments if TNT009 reaches the market.
- Chemical & Engineering News
- ISSN 0009-2347
- Copyright © American Chemical Society