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Form DEF 14A Savara Inc For: Jun 10

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Horizon bolsters rare disease portfolio with $3bn Viela Bio acquisition

Horizon bolsters rare disease portfolio with $3bn Viela Bio acquisition Viela s portfolio of assets includes FDA-approved NMOSD therapy Uplizna Horizon Therapeutics has entered into a definitive agreement to acquire Viela Bio for $3bn, in an effort to strengthen its rare disease portfolio. Viela Bio spun out of AstraZeneca’s Medimmune biologics unit in 2018 with six molecules and $250m in funding from a number of investors. Currently, Viela has one US Food and Drug Administration (FDA) approved asset – Uplizna (inebilizumab-cdon), which is indicated for the treatment of the rare condition neuromyelitis optica spectrum disorder (NMOSD). Viela is also evaluating Uplizna in phase 3 trails in the rare autoimmune neuromuscular disorder myasthenia gravis and in IgG4-related diseases.

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