Astellas To Pay $3bn For Gene Therapy Company Audentes

Acquisition Includes Lead Asset AT132

Japanese company joins the ranks of big pharma buying up gene therapy pioneers

San Francisco
Audentes is headquartered in San Francisco

Astellas Pharma Inc. is to acquire Audentes Therapeutics for $3bn, in a transaction that confirms the abiding attraction of gene therapy companies for big pharma companies looking to update their pipelines.

The Japanese big pharma company has agreed with the San Francisco-based company's board to pay $60.00 per share in cash...

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