US Stocks: Apellis shares double on Biogen's $5.6 billion buyout plan
- Posted on March 31, 2026
- By Business News Today
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US Stocks: Apellis shares double on Biogen's $5.6 billion buyout plan
Biogen will buy Apellis Pharmaceuticals for about $5.6 billion, adding a promising kidney disease drug to broaden its rare-disease portfolio amid efforts to diversify beyond its slowing multiple sclerosis franchise.
