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Argenx SE to Acquire Unnatural Products for Approximately $1.15 Billion

Investing.com +1 · ·by G4L

ARGX Argen X SE ADR
$971.55 +0.96%
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  1. 1Argenx SE announced the acquisition of Unnatural Products.
  2. 2The deal consists of an upfront payment of $550 million from Argenx SE and contingent value rights linked to development and regulatory milestones, totaling a potential value of approximately $1.15 billion for Argenx SE.
  3. 3Karen Massey said the acquisition adds macrocyclic peptide capabilities that complement the company's antibody engineering.

So what's the key point?

Argenx SE has decided to buy a company called Unnatural Products for approximately $1.15 billion. This acquisition allows Argenx SE to add new technological capabilities.

Source Investing.com +1 · View original ↗

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