Mergers & Acquisitions News

Eli Lilly Signs $800M Deal to Acquire Prevail Therapeutics

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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...

Lilly, Junshi Biosciences to Develop COVID-19 Antibody Therapies

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Eli Lilly Company and Junshi Biosciences recently entered into an agreement to co-develop COVID-19 antibody therapies for the prevention and treatment of the novel coronavirus. For more coronavirus...

Mylan, Pfizer Delay Major Pharmaceutical Merger Due to COVID-19

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Mylan recently announced that the proposed pharmaceutical merger with Upjohn, a division of Pfizer, is delayed due to the COVID-19 pandemic. For more coronavirus updates, visit our resource page,...

Biotech to be ‘Extremely Active’ in 2020 Mergers and Acquisitions

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A PriceWaterhouseCoopers report predicts biotechnology firms will be “extremely active” in merger and acquisition activity and drive pharmaceutical firms’ activity in 2020. Last year...

2020 Poised to be Another Life Sciences M&A ‘Mega’ Year

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2020 will be another blockbuster year for life sciences mergers and acquisitions, according to a recent report from Ernst & Young Health Sciences and Wellness. And companies' interest in...

FTC Thwarts $1.2B Illumina-Pacific Biosciences Takeover

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California-based manufacturers of next-generation DNA sequencing (NGS) technology platforms Illumina and Pacific Biosciences of California (PacBio) recently decided to terminate their $1.2-billion...

Pharmaceutical Companies Made Acquisitions a Top Priority in 2019

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By the midway point of 2019, more than $200 billion had exchanged hands, exceeding previous years of $198 billion and $178 in 2018 and 2017, respectively. And the recent closing of Bristol-Myers Squibb...