Alexion's Pipeline Rebuild Plan Targets Wilson's Liver Drug, More M&A Likely

 
• By Sten Stovall
  
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Swedish target's sole product WTX101 is in Phase III trials for treating Wilson Disease. Alexion says expect more deals. 

Liver
Wilson's WTX101 promises to remove copper from the liver • Source: Shutterstock

In its first acquisition since embarking on a root-and-branch reform last year, Alexion Pharmaceuticals Inc. has made an agreed cash offer worth $855m for Wilson Therapeutics AB to obtain the Swedish biotech's sole asset, a first-in-class oral copper-binding agent with a unique mechanism of action and ability to access and bind copper from serum and promote its removal from the liver.

Alexion, which is trying to reduce its dependence on aging blockbuster Soliris (eculizumab), has over the past year been revamping...

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