Asahi Kasei to Acquire Aicuris to Accelerate Growth in Severe Infectious Diseases [Yahoo! Finance]
ASAHI KAISEI CRP UNSP/ADR (AHKSY)
NASDAQ:AMEX Investor Relations:
asahi-kasei.co.jp/asahi/en/ir
Company Research
Source: Yahoo! Finance
has entered into a definitive agreement under which Asahi Kasei, through its wholly owned U.S. subsidiary Veloxis Pharmaceuticals, Inc., will acquire all shares of Aicuris for a total of €780 million (~$920 million*). The acquisition will enable Asahi Kasei to strategically expand its portfolio of therapies designed to treat severe viral infections, addressing critical infectious complications faced by patients undergoing hematopoietic stem cell transplant, solid organ transplants and other immunologically driven conditions. Aicuris has established a strong track record in developing antiviral therapies for people with weakened immune systems, for whom otherwise manageable infections can become life-threatening. Building on its flagship product PREVYMIS ® (marketed by MSD) for cytomegalovirus infection prevention in a defined group of transplant recipients, Aicuris' wholly owned late-stage candidate pritelivir met the primary endpoint in a global Phase 3 trial in refractory herpes s
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News
- Asahi Kasei to acquire Aicuris Anti-infective Cures for $920.7m [Yahoo! Finance]Yahoo! Finance
- Assessing Asahi Kasei (TSE:3407) Valuation After Its Strong Recent Share Price Momentum [Yahoo! Finance]Yahoo! Finance
- Asahi Kasei Strengthens Global Pharmaceutical Platform with the Acquisition of Aicuris [Yahoo! Finance]Yahoo! Finance
- Asahi Kasei Strengthens Global Pharmaceutical Platform with the Acquisition of AicurisBusiness Wire
- Asahi Kasei Pharma Strengthens Preclinical Pipeline Through Exclusive Global License Agreement with Alchemedicine for Novel Lead Compounds [Yahoo! Finance]Yahoo! Finance