Shionogi To Buy Texas Biotech IntraBio In $2B Deal

By Al Barbarino
October 5, 2026, 4:53 PM EDT

Japanese drugmaker Shionogi & Co. said Monday it has agreed to acquire Austin, Texas-based biotech IntraBio Inc. for $2 billion, with Cleary Gottlieb Steen & Hamilton LLP advising Shionogi and Kirkland &...

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