Japan's Takeda Pharmaceutical said on Tuesday it would acquire Nimbus Therapeutics' drug being developed to treat autoimmune conditions such as psoriasis in up to $6 billion deal.
Takeda Pharmaceutical Co's logo is seen at its new headquarters in Tokyo, Japan, July 2, 2018. REUTERS/Kim Kyung-Hoonsaid on Tuesday it would acquire Nimbus Therapeutics' drug being developed to treat autoimmune conditions such as psoriasis in up to $6 billion deal.
The treatment will strengthen the company's pipeline of drugs for diseases where the immune system attacks healthy cells in the body by mistake. Takeda will make $4 billion in upfront payment to Nimbus and pay an additional $2 billion subject to certain sales milestones.
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