Acceleron Pharma Inc.

Acceleron Pharma Inc.

XLRN
Acceleron Pharma Inc.US flagNASDAQ Global Market
178.75
USD
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Habib Dable
Full Time Employees
312
Sector
Healthcare
Industry
Biotechnology
Address
128 Sidney St Cambridge MA United States of America 02139
IPO Date
Sep 18, 2013
Business
Acceleron Pharma Inc. (XLRN) is a biopharmaceutical company focused on the discovery, development, and commercialization of transformative medicines targeting rare pulmonary diseases, particularly pulmonary arterial hypertension (PAH) and pulmonary hypertension due to left heart disease (PH-LHD). The company offers a pipeline of product candidates including sotatercept, a first-in-class activin signaling inhibitor designed to restore balanced activin signaling in the diseased pulmonary endothelium to address the underlying pathophysiology of PAH; and imbetelstat (formerly MK-6332), a telomerase inhibitor for the treatment of essential thrombocythemia; as well as earlier-stage candidates like REBLOZYL (luspatercept-aamt), a first-in-class erythroid maturation agent for the treatment of anemia in patients with beta-thalassemia and myelodysplastic syndromes. Founded in 2003 and headquartered in Cambridge, Massachusetts, Acceleron operates primarily in the United States with a focus on biotech research and clinical development targeting specialized patient populations in rare cardiopulmonary disorders. In November 2021, Acceleron was acquired by Merck & Co., Inc. (known as MSD outside the United States and Canada) for approximately $11.5 billion in an all-cash transaction, marking a significant strategic shift as its lead asset sotatercept was integrated into Merck's pipeline and received accelerated FDA approval in March 2024 under the brand name WINREVAIR for the treatment of adults with PAH (WHO Group 1) to increase exercise capacity, improve WHO functional class, and reduce clinical worsening; this acquisition represented Acceleron's most pivotal recent change, with no major independent developments thereafter as it ceased standalone operations.

Company News

APIChat
  • Merck Scores A 'Must-Win' For Its $11.5 Billion Acceleron Buyout

  • Avoro Capital Urges Acceleron Shareholders Not to Tender Into Merck's Inadequate Offer

  • Is Merck's Planned Acquisition of Acceleron in Trouble?

  • Avoro Capital Releases Presentation Detailing Why Acceleron Shareholders Should Not Tender Into Merck's Inadequate Offer

  • Acceleron Pharma (XLRN) Reports Q3 Loss, Lags Revenue Estimates

  • Acceleron Reports Third Quarter 2021 Financial Results

  • SHAREHOLDER ALERT: WeissLaw LLP Reminds DWSN, PAE, XLRN, and FLXN Shareholders About Its Ongoing Investigations

  • Merck Pushes Acceleron Buyout By Refiling For Antitrust Review

  • Avoro Capital Issues Open Letter to Fellow Acceleron Pharma Shareholders

  • Acceleron Announces Third Quarter 2021 REBLOZYL® Net Sales

  • SHAREHOLDER ALERT: WeissLaw LLP Reminds MDP, GWB, XLRN and HFC Shareholders About Its Ongoing Investigations

  • Bristol Myers Pledges To Offload Acceleron Shares: Bloomberg

  • Darwin Global Urges Acceleron Shareholders Not to Tender Their Shares to Merck

  • ACCELERON PHARMA ALERT: Investors Should Contact Bragar Eagel & Squire, P.C. Over Tender Offer for XLRN Shares

  • SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Acceleron Pharma Inc. - XLRN

  • Holocene Advisors says Merck's offer undervalues Acceleron

  • Holocene Advisors Believes Merck's Proposed Offer of $180 Per Share for Acceleron Significantly Undervalues Company

  • Is an Acquisition of Acceleron a Smart Move for Merck?

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of Acceleron Pharma Inc. with Merck & Co., Inc.

  • With Acceleron Acquisition Merck Stock Is Likely To See A Multiple Revision