v3.26.1
Acquisitions (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary amounts recognized for assets acquired and liabilities assumed as of the acquisition date:
Estimated Fair Value at March 4, 2026
Cash$120 
Acquired in-process research and development (IPR&D)(1)
977 
Other assets and liabilities, net81 
Acquisition date fair value of consideration transferred 1,178 
Less:
Cash acquired(120)
Cash paid, net of cash acquired$1,058 
(1) Acquired IPR&D intangibles primarily relate to VTX3232.
The following table summarizes the preliminary amounts recognized for assets acquired and liabilities assumed as of the acquisition date:
Estimated Fair Value at July 25, 2025
Cash$389 
Acquired IPR&D(1)
608 
Other assets and liabilities, net166 
Acquisition date fair value of consideration transferred 1,163 
Less:
Cash acquired(389)
Fair value of CVR liability(177)
Fair value of equity interest in Verve held before the business combination(48)
Cash paid, net of cash acquired$549 
(1) Acquired IPR&D intangibles primarily relate to VERVE-102 (PCSK9 Editor).