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Will gain SKYCLARYS, the first and only approved treatment for Friedreich’s ataxia, and a portfolio of products for a range of neurological diseases.
July 31, 2023
By: Kristin Brooks
Managing Editor, Contract Pharma
Biogen Inc. entered into a definitive agreement to acquire Reata Pharmaceuticals, Inc. for approximately $7.3 billion. Reata is advancing development of therapeutics that regulate cellular metabolism and inflammation in serious neurologic diseases. Reata’s FDA-approved SKYCLARYS (omaveloxolone) is the first and only approved treatment for Friedreich’s ataxia (FA), with a commercial launch underway, and European regulatory review ongoing. Reata is also developing a portfolio of innovative pro...
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