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Biogen is buying anti-inflammatory drug startup RayThera for up to $1 billion

The deal adds multiple small-molecule anti-inflammatory drug candidates to Biogen's pipeline, with the lead asset set to begin human trials this summer

Biogen is buying anti-inflammatory drug startup RayThera for up to $1 billion

Biogen is buying anti-inflammatory drug startup RayThera for up to $1 billion

Published June 18, 2026 · Category: Markets

Overview

The deal adds multiple small-molecule anti-inflammatory drug candidates to Biogen's pipeline, with the lead asset set to begin human trials this summer

Source

Originally published at qz.com.

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