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HZNP - Viela Bio Is A Good Fit For Horizon Therapeutics
Horizon Therapeutics Public Limited Company
Horizon will acquire Viela Bio for $53 per share or $3.05 billion.
The acquisition brings a marketed product Uplizna and three additional pipeline candidates.
The acquisition also brings significant upside optionality for Horizon as it broadens the pipeline and looks like a good fit, given the overlap in targeted disease areas.