Incyte to expand its vitiligo portfolio with acquisition
Aiming to add to its vitiligo arsenal, US biopharma firm Incyte (Nasdaq: INCY) today announced that it has entered into an agreement to acquire Villaris Therapeutics, in a deal that could cost it as much as $1.4 billion.
Villaris is an asset-centric biopharmaceutical company seeded by Medicxi and focused on the development of novel antibody therapeutics for vitiligo. Its lead asset, auremolimab (VM6), is an anti-interleukin (IL)-15Rβ monoclonal antibody (MAb). Founded in 2019, Villaris is based in Cary, North Carolina.
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