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AbbVie to buy Landos to expand pipeline of immunity-related illnesses By Reuters

AbbVie to buy Landos to expand pipeline of immunity-related illnesses By Reuters
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AbbVie to Acquire Landos Biopharma, Further Strengthening its Portfolio in Inflammatory and Autoimmune Diseases

Landos lead asset, NX-13, is a first-in-class, oral NLRX1 agonist in Phase 2 for the treatment of ulcerative colitis NORTH CHICAGO, Ill. and NEW YORK, March 25, 2024 /PRNewswire/ AbbVie Inc. .

Landos Biopharma Shares Surge 178% on Takeover Deal With AbbVie

By Sabela Ojea Shares of Landos Biopharma on Monday surged 178% to $21.75 in pre-market trading after the company said it signed a deal to be acquired by AbbVie. The companies have reached.

AbbVie To Acquire Landos Biopharma At $20 42/share In Cash

AbbVie Inc. (ABBV) and Landos Biopharma, Inc. (LABP) announced Monday a definitive agreement under which AbbVie will acquire biopharmaceutical company Landos. Landos' lead investigational asset is NX-13, a first-in-class, oral NLRX1 agonist with a bimodal mechanism of action (MOA), which is anti-inflammatory and facilitates epithelial repair.

LABP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Landos Biopharma, Inc Is Fair to Shareholders -March 25, 2024 at 11:37 am EDT

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Landos Biopharma, Inc. to AbbVie Inc. is fair to Landos shareholders. Under the terms of the proposed transaction,.

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