AnaptysBio Charts Path To Split Into Two Public Companies By 2026
1. AnaptysBio plans to split into two independent companies. 2. Royalty Management Co will manage substantial royalties from GSK and Vanda. 3. Biopharma Co will focus on therapeutics for autoimmune diseases. 4. Stock surged 28.95% to $30.01 following the announcement. 5. The separation is expected to be completed by the end of 2026.