Incyte Buys Vega Therapeutics for Up to $2 Billion to Bring New Once-a-Month Shot for Bleeding Disorder
Incyte is buying Vega Therapeutics to add VGA039 — a new once-monthly under-the-skin injection for von Willebrand disease (VWD).
Incyte is buying Vega Therapeutics to add VGA039 — a new once-monthly under-the-skin injection for von Willebrand disease (VWD).
Prelude Therapeutics receives FDA clearance to begin testing PRT12396, a targeted therapy for myeloproliferative neoplasms affecting thousands of patients.
Guggenheim initiates coverage on Galecto with a Buy rating and $32 target, citing strong potential for its newly acquired drug DMR-001 and solid funding through 2029.
Prelude Therapeutics streamlines its oncology pipeline — prioritizing JAK2V617F and KAT6A programs, pausing SMARCA2, and securing major funding through an Incyte partnership.
Incyte’s early INCB0989 myelofibrosis data at ASH 2025 looks encouraging, prompting analyst upgrades and higher price targets from Mizuho, Wells Fargo, and Guggenheim.