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Neurocrine nears $2.5B-plus deal to buy Soleno Therapeutics - FT (NBIX:NASDAQ)
Neurocrine Biosciences is reportedly in advanced talks to acquire Soleno Therapeutics for over $2.5 billion. The deal would value Soleno, known for its drug treating extreme hunger in Prader-Willi syndrome, in the low-to-mid $50s per share. This potential acquisition highlights Neurocrine’s expansion strategy in the biotech sector.