Ultragenyx Pharmaceutical Inc.

NEWS
Most investors thought 2018 would be a big year for mergers and acquisitions in the biopharma industry because of changes to the tax law, and so far they’ve been right.
Ultragenyx CEO Emil Kakkis said the sale of the PRV will provide the company with an “important source of non-dilutive capital” that will be used to advance the company’s pipeline of rare and ultra-rare therapies.
Shares of Ultragenyx are sharply climbing this morning after the company announced positive results from its Phase III study of burosumab in adults with XLH.
Genentech’s Hemlibra just got approved but is expected to bring in around $2 billion in peak sales.
Here’s a closer look at six drugs facing FDA decisions in November.
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