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Thursday, July 4, 2024

==Viela Bio (VIE)

 Viela Bio was a clinical-stage biotechnology company focused on severe inflammation and autoimmune diseases. Spun out of AstraZeneca in 2018, it developed Uplizna, an FDA-approved treatment for neuromyelitis optica spectrum disorder (NMOSD). 

  • In 2021, the company was acquired by Horizon Therapeutics for $3 billion.
  • Horizon Therapeutics (HZNP) was acquired by Amgen in October 2023 for $27.8 billion.

History & Acquisition
  • Founding: Launched in 2017 as a spinoff from AstraZeneca's MedImmune, led by CEO Bing Yao.
  • Acquisition: In 2021, Horizon Therapeutics acquired Viela Bio in a $3 billion deal ( $53 per share). Horizon was subsequently acquired by Amgen in 2023.
  • Legacy: The company was headquartered in Gaithersburg, Maryland.

Core Pipeline & Products
  • Uplizna (inebilizumab-cdon): Viela Bio's flagship asset. It is a humanized monoclonal antibody targeting CD19, used to treat adults with NMOSD who are anti-AQP4 antibody-positive. 
  • Research Pipeline: Viela developed candidates for a range of autoimmune conditions, including myasthenia gravis, IgG4-related diseases, and systemic lupus erythematosus.

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