Cambridge biotech Agios will sell oncology business to Bostonâs Servier for up to $2 billion
The seller aims to focus on new therapies for genetic diseases
By Anissa Gardizy Globe Staff,Updated December 21, 2020, 7:00 a.m.
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Agios Pharmaceuticals Inc. has agreed to sell its oncology business to Bostonâs
Servier Pharmaceuticals in a deal worth up to $2 billion.
Agios, of Cambridge, which has two cancer drugs on the market and others in testing, said Monday that it has decided to focus on drugs it is developing for genetic diseases. That portfolio is anchored by a medicine that could potentially