UCB Completes Acquisition of Candid Therapeutics for $2.2 Billion
UCB announced on Wednesday the completion of its acquisition of Candid Therapeutics, a clinical-stage biotech specializing in T-cell engaging therapies. The transaction, valued at up to $2.2 billion, adds cizutamig, a drug candidate designed to target pathogenic B cells in autoimmune diseases, to its portfolio.
UCB finalized the acquisition of Candid Therapeutics on Wednesday, a strategic move in the field of innovative immunotherapies. The transaction totals $2.2 billion, including $2 billion paid as an initial payment and up to $200 million in future milestone payments contingent on the achievement of clinical or regulatory milestones.
This acquisition strengthens UCB's position in immunology and expands its capabilities in next-generation biologics.
Cizutamig, a Bispecific Antibody in Phase 1
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
Cizutamig, the principal asset of Candid, is a bispecific antibody targeting the B-cell maturation antigen (BCMA) present on plasma cells and CD3 on T cells. This agent is designed to promote the elimination of pathogenic B cell populations by T cells.
The drug candidate is currently being evaluated in several Phase 1 clinical trials for various autoimmune diseases. Cizutamig has not been approved by the FDA or other health authorities at this stage of development.
A Strategic Immunological Platform
This acquisition is part of UCB's strategy to strengthen its immunological platform around T-cell engaging therapies for autoimmune and inflammatory diseases. Concurrently, the group presented new Phase 2/3 data on Bimzelx (bimekizumab) in psoriatic arthritis and axial spondyloarthritis, as well as mechanistic data reinforcing the profile of Cimzia in rheumatoid arthritis, at Eular 2026 last week.
SectorPharmacie et biotechnologies›Pharmacie, vaccins et santé animale
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: FY2026
Guidance from the release
higher 2026 expectations, with revenue growth anticipated in the low twenties
Risks mentioned
Marché des anti-TNF en contraction : CIMZIA y progresse encore en volume, mais sur un marché qui recule.
Opportunities identified
BIMZELX plus fort aux États-Unis : demande des patients soutenue et prix nets plus favorables.
CIMZIA : contribution solide, croissance des volumes et prix plus favorables.
Effet de levier opérationnel : la croissance plus forte du chiffre d'affaires élargit nettement la marge.
Outlook / guidance
Management commentary: Continued strong performance supports higher 2026 expectations, with revenue growth anticipated in the low twenties at constant exchange rates, up from low- to mid-teens Higher revenue growth is driving significant operating leverage, with adjusted EBITDA growth expected in the low- to mid-forties at constant exchange rates, up from mid-teens to low-twenties
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
