Mirum Pharmaceuticals to Acquire Bluejay Therapeutics for $620 Million in Cash and Stock

Reuters
2025.12.08 13:01
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Mirum Pharmaceuticals will acquire Bluejay Therapeutics for $620 million in cash and stock, adding brelovitug to its rare liver programs. The deal includes $250 million in cash, $370 million in stock, and potential milestone payments of $200 million. The acquisition is expected to close in Q1 2026, pending regulatory approval. Mirum plans a $200 million private placement to fund post-acquisition activities.