BIIB
Biogen to Acquire Reata Pharmaceuticals
Friday, July 28, 2023 BiopharmaWatch Research 1 min read Key Takeaway: Biogen to Acquire Reata Pharmaceuticals
Price reaction · baseline $262.79 (2023-07-27 close) · hit after-hours · clean, no other BIIB news in the window
BiopharmaWatch Analysis
From our catalyst data and publicly available data · not financial adviceBest trade, last catalyst
+34%
120-day peak, hindsight
Typical move
1.8%
average across 15 past catalysts
Lead asset
Alefacept
Phase 3 · Chronic Plaque Psoriasis
Full Press Release Details
Biogen to Acquire Reata Pharmaceuticals.