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flag Nuveen bought a stake in biotech firm Annexon to target rare diseases and boost its healthcare investments.

flag Nuveen has acquired a stake in biopharmaceutical company Annexon, Inc., expanding into healthcare and biotechnology. flag The move targets rare and serious diseases, focusing on autoimmune and neurodegenerative therapies with high unmet medical needs. flag While financial details were not disclosed, the investment reflects Nuveen’s strategy to diversify and gain exposure to precision medicine advancements, aligning with a broader trend of institutional interest in transformative life sciences innovation.

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