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  1. UCB acquires Ra Pharma for $2.1bn to enrich its rare disease portfolio
  2. Pfizer licenses Akcea’s ANTPTL3-targetting drug for $250m
  3. Vertex-Semma $950m acquisition: bringing diabetes into the pipeline
  4. Takeda-Shire deal: the strategy behind Japan’s largest foreign acquisition
  5. Boehringer acquires AMAL Therapeutics for $366m

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