Incyte to Acquire Vega Therapeutics for ~$2B
Shots:
- Incyte has entered into a definitive agreement to acquire Vega Therapeutics, a wholly owned subsidiary of Star Therapeutics, to expand its hematology portfolio into bleeding disorders
- As per the deal, Incyte will acquire Vega for $1.25B upfront, with ~$750M in additional payments upon achievement of sales milestones
- Acquisition will expand Incyte’s hematology portfolio with VGA039, which is being evaluated in the P-III (VIVID-6) trial as prophylaxis for bleeding in pts with every type of von Willebrand disease
Ref: Businesswire | Image: Vega Therapeutics | Press Release
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