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June 19, 2026

Biogen to acquire RayThera for up to $1bn

Biogen has entered a definitive agreement to acquire RayThera, a biotechnology company specialising in small-molecule therapies for immunology, for up to $1bn.

Biogen will assume responsibility for development, manufacturing, and global commercialisation of the assets. Credit: Melnikov Dmitriy / Shutterstock.com.