Deals: Page 2


  • An illustration of beta amyloid plaques and tau in the brain
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    National Institute on Aging. (2017). "Beta-Amyloid Plaques and Tau in the Brain" [Image]. Retrieved from Flickr.
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    Sanofi gains experimental Alzheimer’s drug through Vigil buyout

    Already a Vigil Neuroscience investor, Sanofi has agreed to buy the rest of the biotech’s shares for $8 apiece, representing a total deal value of $470 million.

    By May 22, 2025
  • Pfizer HQ entrance
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    Permission granted by Pfizer
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    China competition

    Pfizer buys into PD-1/VEGF competition with 3SBio deal

    Pfizer will pay China’s 3SBio $1.25 billion up front to access a cancer drug that could rival Akeso and Summit’s closely watched immunotherapy ivonescimab.

    By May 20, 2025
  • 23andMe
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    Justin Sullivan via Getty Images
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    Regeneron wins bid to buy 23andMe out of bankruptcy

    The biotech, which has for years invested in genetics research, plans to acquire "substantially all" of testing firm 23andMe's assets for $256 million.

    By May 19, 2025
  • Illustration of medical pills
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    Permission granted by PHIL
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    Sponsored by PHIL

    Bridging the data gaps that impact retail and specialty-lite success

    Learn how to leverage predictive analytics and measure top KPIs to maximize patient outcomes, provider engagement and brand performance on this webinar from PHIL and Syneos Health.

    May 19, 2025
  • A white office building bearing a sign for BioMarin Pharmaceutical stands against a blue sky.
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    Sundry Photography via Getty Images
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    BioMarin to buy rare disease drugmaker Inozyme for $270M

    The deal “fits like a glove” for BioMarin’s business, according to an analyst who also thinks there could be a “valuable” market opportunity for Inozyme’s main drug.

    By May 16, 2025
  • A Novo Nordisk sign is seen on the side of a building.
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    hapabapa via Getty Images
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    Obesity drugs

    Novo to work with Septerna in hunt for oral obesity drugs

    The research collaboration, under which Septerna will receive more than $200 million in upfront and near-term fees, is the latest deal Novo has struck to expand its obesity pipeline.

    By May 14, 2025
  • A sign with the letters GSK hangs on the side of an office building.
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    Magdalena Wygralak via Getty Images
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    GSK to buy liver disease drug for $1.2B

    With its purchase of Boston Pharmaceuticals' drug, GSK extends a streak of dealmaking it's undertaken to build a liver disease franchise.

    By Kristin Jensen • May 14, 2025
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    Spencer Platt via Getty Images
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    Facing ‘uncertainty on steroids,’ biotech dealmakers tread more cautiously

    Experts say market turmoil has made it harder for buyers and sellers to agree on price, which can be an especially imposing obstacle to large acquisitions.

    By May 6, 2025
  • Scientists working in an R&D laboratory
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    Courtesy of Merck KGaA
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    Merck KGaA to buy biotech SpringWorks for $3.9B

    The deal, which has been in the works for months, hands the German pharmaceutical company two approved drugs for rare tumors.

    By April 28, 2025
  • A photo of Sanofi headquarters in Paris, France.
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    Courtesy of Sanofi
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    China competition

    Sanofi licenses immune disease drugs from startup Earendil

    The startup, affiliated with China-based antibody designer Helixon Therapeutics, is developing bispecific drugs aimed at multiple popular immune disease targets, such as TL1A and IL23. 

    By Kristin Jensen • April 17, 2025
  • A double exposure photo illustration of a glass flask and a scientist holding a tube in a laboratory, with stock market information in the background.
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    MadamLead via Getty Images
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    Tempest seeks strategic alternatives as cash runs out for Phase 3 trial

    Amid a funding drought for startups, the company is looking for a deal that can advance its liver cancer drug.

    By April 10, 2025
  • An illustration of astrocytes forming the blood-brain barrier.
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    Artur Plawgo via Getty Images
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    Brain drug revival

    GSK targets neurodegenerative diseases with latest licensing deal

    The pharma giant is wagering potentially billions of dollars on technology from ABL Bio that’s designed to get drugs across the blood-brain barrier.

    By April 7, 2025
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    Spencer Platt via Getty Images
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    M&A recap: Big pharma starts the year mostly avoiding billion-dollar deals

    Just two acquisitions in the first quarter, that of Intra-Cellular Therapies and IDRx, crossed the $1 billion mark, a notable decrease from the six seen during the same period last year.

    By April 4, 2025
  • A photo of Bluebird bio employees in a laboratory.
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    Courtesy of Bluebird bio
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    Bluebird gets rival takeout offer from Ayrmid

    The new bid surpasses an offer SK Capital and Carlyle Group made last month for the gene therapy developer, which Bluebird’s board still supports.

    By March 28, 2025
  • Red human heart drawing on blue background
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    Jolygon via Getty Images
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    China competition

    Merck bets $200M on a new type of heart pill

    A licensing deal with Jiangsu Hengrui Pharmaceuticals puts Merck in a competitive race to develop a medicine that targets a genetic risk factor called lipoprotein(a). 

    By March 25, 2025
  • A photo of Sanofi headquarters in Paris, France.
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    Courtesy of Sanofi
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    Immune reset

    Sanofi wagers $600M on a dual-targeting antibody drug for autoimmune disease

    The deal with startup Dren Bio hands Sanofi a so-called myeloid cell engager that would compete with an array of programs aiming to “reset” the immune systems of people with inflammatory conditions. 

    By Kristin Jensen • March 20, 2025
  • A 3D illustration of cancer cells.
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    Dr_Microbe via Getty Images
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    Taiho buys Swiss biotech and its ADC tech for $400M

    The pharma will acquire Araris Biotech to gain access to three preclinical ADCs and a linking technology Araris claims is superior to existing platforms.

    By March 17, 2025
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    Christopher Furlong via Getty Images
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    AstraZeneca adds ‘in vivo’ cell therapy capabilities with EsoBiotech deal

    The pharma is paying up to $1 billion to buy the Belgian startup, whose technology it sees as useful in treating cancer and autoimmune conditions.

    By March 17, 2025
  • An illustration of an adeno-associated virus.
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    Dr_Microbe via Getty Images
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    MeiraGTx spins Parkinson’s, obesity gene therapies into AI startup

    The joint venture with generative AI firm Hologen hands MeiraGTx $200 million up front as well as other financial perks — a “transformative” deal, according to the company’s CEO.

    By March 13, 2025
  • Two test tubes pour different-colored liquids into a beaker in an illustration representative of biopharma mergers.
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    Elizabeth Regan/BioPharma Dive
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    Mallinckrodt, Endo to combine in $7B deal

    The merger will give the combined entity the financial flexibility to pursue drug licensing deals and broaden its therapeutic focus, executives said on a conference call.

    By Kristin Jensen • March 13, 2025
  • A sign with the Roche logo stands in front of a tall building.
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    Permission granted by Roche
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    Obesity drugs

    Roche broadens obesity drug plans with $1.65B Zealand deal

    The deal gives the Swiss pharma access to an experimental amylin-targeting treatment it will test in combination with drugs it acquired from Carmot.

    By March 12, 2025
  • CordenPharma’s Integrated Supply from peptide drug substance to injectable and oral solid dosage manufacturing.
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    Courtesy of CordenPharma
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    Viking inks CordenPharma deal to boost obesity drug supply

    The biotech will commit $150 million to an alliance that hands it significant production capacity for a closely watched weight loss treatment.

    By March 11, 2025
  • An illustration of immune system T cells attacking cancer cells.
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    Meletios Verras via Getty Images
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    2seventy bio, Bluebird’s cell therapy spinout, sells to Bristol Myers for less than $300M

    The deal ends 2Seventy’s short run as an independent company, during which it restructured, sold off research and lost nearly all of its market value.

    By March 11, 2025
  • A sign for Jazz Pharmaceuticals is displayed at the ASCO annual meeting in Chicago on June 2, 2018.
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    Jacob Bell/BioPharma Dive
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    Jazz expands in oncology with $935M deal for Chimerix

    Chimerix is currently awaiting an FDA decision on accelerated approval of a drug it’s developing for a type of glioma. 

    By March 5, 2025
  • An AbbVie sign is seen on the outside of a building in California.
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    Courtesy of AbbVie
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    Obesity drugs

    AbbVie gets into obesity with $350M deal for once-weekly shot

    A licensing deal with Denmark’s Gubra gives the immunology giant control of an experimental therapy that could compete with drugs from Novo Nordisk, Eli Lilly and Zealand.

    By March 3, 2025