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Skadden, Fenwick Lead $4.9B Alpine Immune Sciences Sale

Law 360 M&A

Biotechnology company Alpine Immune Sciences Inc., advised by Fenwick & West LLP, on Wednesday revealed that it has agreed to be bought by Vertex Pharmaceuticals Inc., led by Skadden Arps Slate Meagher & Flom LLP, in a $4.9 billion cash deal.

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Vertex Pharmaceutical's Move Beyond Its $10B Cystic Fibrosis Franchise, Pays Around $5B For Kidney Disease Player Alpine Immune

Benzinga

On Wednesday, Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX ) agreed to acquire Alpine Immune Sciences Inc (NASDAQ: ALPN ) for $65 per share or approximately $4.9 Vertex has built its business on genetic medicines for cystic fibrosis, which generated almost $10 billion in revenues in 2023. billion in cash.

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2 Firms Lead $320M Vertex Acquistion Of Diabetes Treatment Co.

Law 360 M&A

Vertex Pharmaceuticals Inc., repped by Skadden, plans to acquire Cooley-steered biotechnology company ViaCyte Inc. for $320 million in a merger that would unite the companies in working to find a cure for Type 1 diabetes, Vertex announced Monday.

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