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AstraZeneca Acquires LogicBio for $68M to Bolster Genomics Pipeline

Gains technology platforms for the delivery and insertion of genes to address genetic diseases, and a platform to improve viral vector manufacturing.

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By: Kristin Brooks

Managing Editor, Contract Pharma

AstraZeneca, through its Alexion subsidiary, has entered an agreement to acquire LogicBio Therapeutics, Inc. for $68 million, enhancing AstraZeneca’s efforts in genomics and rare diseases.   Lexington, MA-based LogicBio, is a clinical-stage genomic medicine company with unique technology, experienced rare disease R&D team, and expertise in preclinical development, which will support Alexion’s growth in genomic medicines. Alexion plans to retain LogicBio employees at their current loc...

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