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Biogen completes acquisition of Apellis, adding key products and boosting growth in nephrology.

Company Fundamentals
14 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Biogen has finalized its acquisition of Apellis Pharmaceuticals, gaining full ownership of two commercial products, EMPAVELI® and SYFOVRE®, which generated $689 million in revenue in 2025. This deal enhances Biogen's growth prospects and expands its presence in nephrology, with plans to launch felzartamab after a Phase 3 trial readout expected in early 2027. The acquisition is expected to increase Biogen's earnings per share starting in 2027 and improve its long-term financial outlook. Updated financial guidance will be shared with Biogen's Q2 earnings report in July.

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