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Jul 27, 2026

Argenx to Acquire Forte Biosciences for $2.2 Billion to Expand Immunology Portfolio

Belgian-Dutch biotech argenx agreed to acquire Forte Biosciences for $2.2 billion in cash ($77 per share, an 86% premium to its VWAP since July 9), adding FB102, an anti-CD122 antibody in development for vitiligo and celiac disease, to its immunology pipeline.

Jul 27, 2026·4 sources
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Top claims

  • ▪The $77 per share offer represents an approximate 86% premium to Forte Biosciences Inc.'s volume-weighted average price since July 9, 2026.
  • ▪The acquisition is subject to customary closing conditions and regulatory approvals, but is not subject to a financing condition.
  • ▪The acquisition is expected to close in the third quarter of 2026.

Topics

Autoimmune disease treatment

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