Mergers and Acquisitions

Pfizer Acquires Amplyx to Grow Anti-Infective Therapies Pipeline

by Samantha McGrail

Pfizer recently announced that it has acquired Amplyx Pharmaceuticals to expand its anti-infective therapies pipeline.  Amplyx’s lead compound, Fosmanogepix, is a novel investigational...

Hologic Acquires Molecular Diagnostic Test Developer for $795M

by Samantha McGrail

Hologic, a global leader in women’s health, recently signed a $795 million definitive agreement to acquire Mobidiag Oy, a commercial stage developer of innovative molecular...

FTC Challenges $7.1B Illumina-Grail Pharma Acquisition Deal

by Samantha McGrail

The Federal Trade Commission (FTC) recently filed an administrative complaint and authorized a federal court lawsuit to block Illumina’s $7.1 million pharma acquisition deal of cancer detection...

FTC Takes New Approach to Analyzing Pharmaceutical Mergers

by Samantha McGrail

The Federal Trade Commission (FTC) recently launched a working group to update its approach to analyzing the effects of pharmaceutical mergers and acquisitions.  The joint project will adopt...

Amgen Acquires Five Prime in $1.9B Pharma Acquisition Deal

by Samantha McGrail

Amgen has acquired Five Prime Therapeutics in a $1.9 billion pharma acquisition deal to advance its immuno-oncology and targeted cancer therapies portfolio.  The acquisition adds Five...

Eli Lilly Signs $800M Deal to Acquire Prevail Therapeutics

by Samantha McGrail

Eli Lilly & Company recently announced that it will acquire Prevail Therapeutics in an $800 million pharmaceutical acquisition deal. The acquisition agreement will establish a new modality for...

AstraZeneca to Acquire Alexion in $39B Pharma Deal

by Samantha McGrail

AstraZeneca recently acquired Boston-based rare disease specialist, Alexion Pharmaceuticals, in a $39 billion pharmaceutical acquisition deal.  Notably, the deal will be AstraZeneca’s...

Merck Signs $2.75B Pharma Acquisition Deal with VelosBio

by Samantha McGrail

Merck recently signed a $2.75 billion pharmaceutical acquisition deal to purchase all outstanding shares of VelosBio, subject to certain customary adjustments. Clinical-stage biopharmaceutical...

Bayer Inks $4B Pharma Acquisition Deal to Boost Gene Therapy Base

by Samantha McGrail

Bayer recently announced a $4 billion pharma acquisition deal with Asklepios BioPharmaceutical (AskBio) to broaden its base in cell and gene therapy.   As part of the acquisition deal, Bayer...

Johnson & Johnson Completes $6.5B Pharma Acquisition Deal

by Samantha McGrail

Johnson & Johnson recently announced the completion of a $6.5 billion pharmaceutical acquisition deal involving biotechnology company Momenta Pharmaceuticals, Inc.  This announcement comes a...

Pharmaceutical M&A Activity Increased 17% in First Half of 2020

by Samantha McGrail

The COVID-19 pandemic has substantially shaped the pharmaceutical and biopharmaceutical industry over the first half of 2020, and while some of the activity was predictable, other trends have surprised...

Johnson & Johnson Buys Momenta in $6.5B Pharma Acquisition Deal

by Samantha McGrail

Johnson & Johnson recently announced that it signed a $6.5 billion pharma acquisition deal with Momenta Pharmaceuticals Inc., a company that discovers novel therapies for immune-mediated...

Sanofi Inks $3.4B Pharma Acquisition Deal with Principia Biopharma

by Samantha McGrail

Sanofi recently announced that it will acquire biopharmaceutical company, Principia Biopharma Inc, in a pharma acquisition deal of $100 per share in cash. Principia Biopharma focuses on developing...

Bristol Myers Squibb Pays $475M to Acquire Immunotherapy Program

by Samantha McGrail

Bristol Myers Squibb recently announced it acquired Dragonfly Therapeutics’ investigational immunotherapy program for $475 million. Under the definitive agreement, Bristol Myers Squibb will be...

Pharmaceutical Mergers, Acquisitions Down in First Half of 2020

by Samantha McGrail

A recent PwC insights analysis found that the pharmaceutical merger and acquisition activity saw a notable decline in the first half of 2020, but the potential for consolidation in specific sub-sectors...

Gilead Will Acquire Equity in Pionyr Immunotherapeutics for $275M

by Samantha McGrail

Gilead Sciences recently announced that it will acquire 49.9 percent equity interest in Pionyr Immunotherapeutics Inc with exclusive option for $275 million. Pionyr, a privately held company...