BIIB Jul 2024 250.000 call
| Previous close | 2.7400 |
| Open | 2.8000 |
| Bid | 0.8500 |
| Ask | 2.5000 |
| Strike | 250.00 |
| Expiry date | 2024-07-19 |
| Day's range | 1.7300 - 2.8000 |
| Contract range | N/A |
| Volume | |
| Open interest | 223 |
ZacksBiotech Stock Roundup: BIIB's Acquisition, PTCT, LRMR Gain on Updates & More News
Biogen (BIIB) and PTC Therapeutics, Inc. (PTCT) are in the spotlight following acquisition news and regulatory updates, respectively.
ZacksBiogen (BIIB) to Buy HI-Bio to Expand Rare Disease Pipeline
Biogen's (BIIB) acquisition of private biotech, HI-Bio, is set to expand its rare disease pipeline by adding the latter's lead asset, felzartamab.
ReutersBiogen in up to $1.8 billion deal as rare diseases take center stage
Human Immunology's (HI-Bio) felzartamab has completed mid-stage studies for a type of kidney disease called primary membranous nephropathy, and in patients with a disease where the immune system makes antibodies that damage their transplanted organ. The San Francisco-based company is also testing the therapy in patients with another chronic kidney disease known as IgA nephropathy. Since Christopher Viehbacher took the helm in late 2022, Biogen has acquired rare disease drugmaker Reata for $6.5 billion, abandoned its controversial Alzheimer's disease drug Aduhelm and cut jobs.
