biotech acquisition rumors

Scott has long positions in 3 companies mentioned in this article. Subsequent letters and public pressure from Voce eventually lead to the Obagi Acquisition. Merged ALZA Corporation to Johnson & Johnson (JNJ): Mr. Rosen served as the President of ALZA Corporation. Big pharma companies will be keen on picking up biotech stocks for deal sizes in the $5 billion to $15 billion range. In 2003, Alnylam merged with the German pharmaceutical company, Ribopharma AG. Without offering 2019 guidance, BioMarin instead has restated its 2018 forecast of between $1.47 billion and $1.53 billiona jump of between 12% and 16.5% over 2017as well as a net loss of . Powered by Madgex Job Board Software. Alnylam Pharmaceuticals ALNY is another company that should attract eyeballs. I own Vertex so I certainly don't want Vertex overpaying for CRISPR Therapeutics. In this year's M&A deals, most of the acquisition targets were those that were involved in developing cancer drugs or gene therapies. Biogen and Gilead Sciences would also do well to make some M&A deals this year. Often, these deals focused on cancer, rare diseases and immune system disorders areas of drug research that were seeing major victories in clinical trials and huge profits for treatments that made it to market. 2019 saw more than 25 acquisition deals executed in the biotech sector, of which 14 were billion-dollar deals. Orelli: I think a pharma that wanted a lot of cash flow, but also wanted to boost up their pipeline, Vertex probably has more external deals than it has internal candidates. Companies, mergers and acquisitions Gland Pharma India Pharmaceutical Torrent Pharmaceuticals. In case of a buyout, investors often benefit of a massive premium. Shockwave Medical bolsters medical device portfolio with acquisition of Neovasc. Sold GenPharm International, Inc. to Medarex, which was then acquired by Bristol-Myers Squibb (BMY): Mr. Rosen served as Director of Corporate Development at GenPharm International. Aesther Healthcare Acquisition Corp (NASDAQ: AEHA) Announces Filing of Definitive Proxy Statement with SEC in Connection with its Proposed Business Combination with Ocean Biomedical, Inc. Capsa Healthcare Acquires Tryten Technologies to Strengthen Its Leadership Position in Mobile Computing. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. David Callan was actively involved SRI Surgical (Formerly Nasdaq listed STRC) unsolicited offer bid and eventual sale of the company. We first began to hear acquisition rumors in Antares in late 2011. Leading gene-editing biotechs CRISPR Therapeutics and Intellia are likely to be acquired at some point. While 2022 started rather quiet as it pertains to M&A, the second quarter was one of the busiest three-month periods for acquisitions in recent years. Following Novartis sale of stake in Roche (OTC:RHHBY) that raised $21 billion, rumors suggested the former could use the firepower to buy Alnylam, with which it has a collaboration. The acquisition will give Merck access to Accelereons promising pipeline candidate sotatercept which is being evaluated for the treatment of pulmonary arterial hypertension (PAH), a progressive and life-threatening blood vessel disorder. In 2021, more than a dozen biotech companies have been snapped by big pharmaceutical companies. Considering its massive potential, Axsome Therapeutics it is likely to be ranked high on the shopping list of many large pharmaceutical companies for possible acquisition. Then I'll throw one more out -- Vertex (VRTX 3.67%) buying CRISPR Therapeutics (CRSP 3.66%). Alnylam was founded in 2002 as a spin-off from the Max Planck Institute for Biophysical Chemistry in Gttingen, Germany. Markets. Whether M&A activity continues will have a significant effect on which startups and drug programs get funded and advanced. For this story, BioPharma Dive looked only at companies developing human medicines. Rumors. Sold Conceptus to Bayer: Mr. Chung served as the Chief Commercial Officer at Conceptus. Sold Somatogen to Baxter International (BAX): Dr. Hoffman was the scientific founder of Somatogen Inc. Baxter bought out Somatogen for $189M. The FDA has accepted the new drug application for adagrasib in NSCLC, with a PDUFA goal date of Dec. 14, 2022. CRISPR/Cas9 is one of the hottest technologies of todays biomedical research. Sold Pharsight Corporation to Tripos International: Mr. Rosen served on the Board of Directors of Pharsight Corporation. Any you had ideas about? Sold Kos Pharmaceuticals to Abbott Laboratories: Mr. King served as Executive Vice President of Commercial Operations of Kos Pharmaceuticals, Inc. See above section for details on that buyout. Freight. Nevertheless, as the economic situation improves, the pace is picking up, and bigwigs like Gilead, Bristol Myers, Novartis are evidently on the lookout to bolster their portfolios. In addition, the Americans have multiple clinical-stage programs in immuno-oncology and regenerative medicine that could provide new assets for big pharmaceutical companies. Sanofi has been quite active on the M&A front this year. AcelRx (ACRX). The pipeline progress has been encouraging. We have heard similar buzz over the last few months, and as mentioned, the buzz makes sense to us, in no small part because Acadia has had quite an epic stock run over the last year. Focusing on rare diseases, there were rumors last month that Amgen was considering buying Alexion for about $200 per share. That's right -- they think these 10 stocks are even better buys. GLOBAL MARKETS-Stocks buoyed by cheery data after BOJ damp squib, Nouriel Roubini: There's a massive disconnect between markets and the Fed, U.S. natgas price slump pushes 'widow maker' toward unusual contango, Germany must speed hydrogen plans this year - gas pipeline group OGE, Ian Bremmer: We're in a hot war with Russia. Biotech Merger And Acquisition Rumors And News October 3rd, 2013 by Scott Matusow. Cost basis and return based on previous market day close. Vertex and Regeneron would be the most likely to acquire their CRISPR-focused biotech. You Might Regret That, History Suggests the S&P 500 Could Soar in 2023. Click to get this free report Alnylam Pharmaceuticals, Inc. (ALNY) : Free Stock Analysis Report Biogen Inc. (BIIB) : Free Stock Analysis Report BioMarin Pharmaceutical Inc. (BMRN) : Free Stock Analysis Report Adaptimmune Therapeutics PLC (ADAP) : Free Stock Analysis Report CRISPR Therapeutics AG (CRSP) : Free Stock Analysis Report To read this article on Zacks.com click here. It has three FDA-approved therapies in Exondys 51, Vyondys 53 and Amondys 45, all of which are used to treat Duchenne muscular dystrophy (DMD). I think those could be intriguing deals for the new year. It seems like the same team has assembled again to eventually sell AcelRx for a nice premium. On the date of publication, Shanthi Rexaline did not have (either directly or indirectly) any positions in the securities mentioned in this article. Copyright 2023 InvestorPlace Media, LLC. Copyright Biotech Investments 2022 | Switzerland | All rights reserved. If you have an ad-blocker enabled you may be blocked from proceeding. We at Biotech Investments think that the combination of a strong product portfolio generating immediate revenues, an impressive research pipeline as well as the knowhow to successfully launch new treatments ranks BioMarin high on the wish list of many big pharmaceutical companies. Date Acquirer Co. We at Biotech Investments see several catalysts that could make Intra-Cellular Therapies an interesting acquisition target. The rumors on Obagi turned out to be correct, as the company was sold last. Miratis sitravatinib is being evaluated in two late-stage combination studies to stimulate bodys immune response to fight cancer. Ipsen bought out Tercica for $404M, or a 104% premium over the current stock price. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Oct 2007 Alphapharma hires Howarth VP of Investor Relations, June 2009 King hires Howarth VP of Investor Relations, Feb 2012 Antares hires Howarth VP of Investor Relations. Stay on top of what's happening at JPM. If there's anything we've missed, or any additional information you'd like to see, please reach out and let us know. Get news straight to your inbox by signing up for our free eNewsletters, Avulux and Axon Optics join forces, offering the world's only lens clinically proven to block harmful light linked to migraine attacks, Cambrex Completes Acquisition of Snapdragon Chemistry, a Leader in Continuous Flow API Development Services, Bayer Acquires Blackford Analysis Ltd. Bolstering the Companys Position in Digital Medical Imaging, Leap Jumps Ahead in Cancer Game with Flame Merger, Elicio Therapeutics Enters Into Merger Agreement with Angion Biomedica, Leap Therapeutics Acquires Flame Biosciences, Calyxt and Cibus Announce the Signing of a Definitive Merger Agreement, Ra Medical Systems Realigns Its Board of Directors, Shockwave Medical Announces Agreement to Acquire Neovasc, Calyxt and Cibus Announce Definitive Merger Agreement to Create Industry-Leading Precision Gene Editing and Trait Licensing Company, Aegis Sciences Corporation Acquires HealthTrackRxs Toxicology Business Unit, Elicio Therapeutics and Angion Enter into Definitive Merger Agreement, How to Prepare if Your Company is Being Acquired, Calibre Scientific Acquires Glass Chemicals, a Comprehensive Provider of Laboratory Consumables, Equipment and Services in Spain. Sold Solvay Pharmaceuticals to Abbott Laboratories: Mr. King served as Senior Vice President of Commercial Operations at Solvay Pharmaceuticals. Price as of January 17, 2023, 4:00 p.m. Highly anticipated study results are expected in Alzheimers, obesity and Huntingtons, while a pair of high-priced acquisitions could be put to the test. That's the downside there. The stock has lost 14% of its value since February and trades around $80. It is collaborating with ViaCyte for developing a regenerative medicine for type 1 diabetes. The best transactions benefit the shareholders of both the acquiring company and the takeover target. Scott uses his ability to read situations, emotion, charts, times and sales, historical data, and macroeconomic and other market forces to predict stock price movements, in both short and longer terms situations.. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Get the free daily newsletter read by industry experts, The free newsletter covering the top industry headlines. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. *Average returns of all recommendations since inception. We have been hearing some strong acquisition rumors concerning AcelRx, much like we heard about Obagi last year. 8. Two exceptions: Amgen's $13.4 billion acquisition of the psoriasis medicine Otezla and Novartis' $3.4 billion acquisition of the dry eye drug Xiidra, which are included for their notable size and importance to the acquirer. I'm not sure. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges. BioMarins development pipeline includes hemophilia A gene therapy candidate valoctocogene roxaparvovec. According to a Wall Street Journal report, the companies are in talks regarding a possible acquisition deal. Clovis announced a $71.3 million net loss for the second quarter of 2022. Oncology and gene therapy were the subjects of acquisitions this year. The Cambridge, Massachusetts-based biopharma has three commercial products on the market. BioMarin remains on track to submit a Biologics License Application for Valoctocogene roxaparvovec to the FDA by the end of this year. Otrexyo is a registered trademark of Pfizer. Clovis leading drug Rubraca (rucaparib), a poly (ADP-ribose) polymerase (PARP) inhibitor, has been approved by the FDA for the treatment of ovarian and prostate cancer. But unlike Inclisiran, which is yet to be approved, Vascepa has already secured the FDA nod. Cost basis and return based on previous market day close. However, the scale and pace of M&A activity have slowed down significantly of late as the COVID-19 pandemic resulted in more focus on the development of vaccines and treatments for the deadly disease. Total consideration can reflect both cash and equity offered upfront in exchange for the acquired companys shares, but deals in which the upfront payment was not specified, or was less than $50 million, were not included. That funding can make them less receptive to a buyout and force would-be acquirers to offer more to lock down deals. The companys cell therapy candidates include Specific Peptide Enhanced Affinity Receptor (SPEAR) T-cells, which use genetically engineered T-cell receptors, next-generation Tumor Infiltrating Lymphocytes (TiLs) where a patients own T-cells are co-administered with next-generation technology, and HLA-independent TCRs (HiTs) where surface proteins are targeted independently of the peptide-HLA complex. Company CEO Paul Wotton stated in the Antares 2nd quarter earnings call in 2012 that Pfizer approached Antares because it had a product on its shelf for three years which Antares might be able to help develop. On January 9, 2023, Biotech Acquisition Company (the "Company") received written notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with Nasdaq Listing Rule 5620(a), due to the . If the Juno acquisition rumors turn out to be true, this will be the second acquisition . Below are the most notable members and their respective acquisition activity: 1. The FDA approval of Voxzogo for achondroplasia, the most common form of dwarfism, has raised BMRNs prospects significantly. Brian, what are some acquisitions that you'd like to. Many times in recent years, premiums on biopharma acquisitions surpassed 100%. Cellectis announced today that Cibus Global LLC and Calyxt, Inc. (NASDAQ: CLXT) (Calyxt), announced that Calyxt and Calypso Merger Subsidiary, LLC, a Delaware limited liability company and wholly-owned subsidiary of Calyxt, entered into an Agreement and Plan of Merger with Cibus and certain other parties named therein (the Merger Agreement), pursuant to which, subject to the terms and conditions thereof, Calyxt and Cibus will merge in an all-stock transaction. Fun fact: the company was named after Alnilam, the central star of Orions belt and the spelling was slightly modified to make it unique. The stock has rallied from a little over $1 a share to a current price of $28.84, which represents an increase of over 2800% - a staggering number. Shanthi is a contributor to InvestorPlace.com as well as a staff writer with Benzinga. Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. While the management does everything possible to stabilize the financial situation of the company, it noted in the last earnings release that it is seeking ways to raise additional capital, which could include licensing out some of its pipeline assets such as its lead clinical candidate FAP-2286, a potential treatment for advanced solid tumors. RTTNews->. Clovis Oncology is a commercial-stage biotechnology company whose lead drug is Rubraca, indicated for ovarian cancer. 2, I agree with you that the CRISPR gene-editing companies are probably near the top of the list of potential acquisition targets over the next few years. Type a symbol or company name. Written by Scott Matusow. This developer of rare disease drug Soliris has been in acquisition crosshairs since 2016 - with Roche, Pfizer, Novartis and Amgen been reported as potential buyers. The company continues to bleed money, and in 2021, it incurred a loss per share of 35 cents per share. They could develop that in combination. We expect approval for ValRox in Europe and the U.S. in the next few months. Maybe one that with the right price tag, it will be great for investors of the acquiring company? Many members of the management came from ALZA Corporation, which was one of the most successful mergers in the above list. Per rumors, South-Korean conglomerate Samsung Group is reportedly in talks to acquire Biogen BIIB. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. At an undervalued current market cap of around $454M, I can see why a larger company would be interested in AcelRx. Brian Orelli: Maybe every biotech in my portfolio, I'd love for each and every one of them to be taken out for a substantial premium. Like the Medicines Co., Amarin also has a heart drug by the name Vascepa in its kitty. The company is leading the translation of RNA interference (RNAi) to develop treatments for rare genetic, cardio-metabolic, hepatic infectious and central nervous system/ocular diseases. Politics. And there are often rumors of other deals that never materialize. PwC also expects large-sized deals, valued at $50 billion or more, for diversifying into adjacent therapeutic areas. Create your Watchlist to save your favorite quotes on Nasdaq.com. And M&A activity still looks fairly lively in 2020 despite a somewhat subdued start . Is It Too Late to Buy Vertex Pharmaceuticals Stock? Is this happening to you frequently? Ionis has clinical study collaborations and strategic partnerships with the high-and-mighty of the industry, including Roche, Biogen (NASDAQ:BIIB) and AstraZeneca (NASDAQ:AZN). Meanwhile, earlier this month, U.K.-based Elliott Advisors, one of the largest stakeholders in Alexion, urged the company to take a proactive approach and put itself up for sale to maximize the chance of an optimal outcome. Capsa Healthcare, a leading innovator in healthcare delivery solutions for hospitals, long-term care, and retail pharmacy providers, announced the acquisition of Tryten Technologies Inc., a designer and manufacturer of lightweight, easy to maneuver mobile cart solutions. The companys drug Ocaliva has been approved for primary biliary cholangitis. Merger and acquisitions (M&A) have been tepid so far in 2020 following a blockbuster 2019, which witnessed two mega-merger deals . Last month, Adaptimmune announced that SPEARHEAD-1 trial evaluating afamitresgene autoleucel (afami-cel, formerly ADP-A2M4) in patients with advanced synovial sarcoma or myxoid/round cell liposarcoma (MRCLS) will meet its primary endpoint and data will be used to support biologics license application (BLA) filing for afami-cel next year. In the business of drug development, deals can be just as important as scientific breakthroughs. BioNTech SE (Nasdaq: BNTX, "BioNTech") and InstaDeep Ltd. ("InstaDeep") today announced that they have entered into an agreement under which BioNTech will acquire InstaDeep, a leading global technology company in the field of artificial intelligence ("AI") and machine learning ("ML"). The Motley Fool has a disclosure policy. 1125 N. Charles St, Baltimore, MD 21201. But the way I see it, there's plenty of biotechs in the sea to reinvest those profits. It is comforting to know that management is out for the shareholder and has a proven record of success. The reason is that their deal is for an over the counter product that Pfizer has in its inventory. Its lead product candidate, pimavanserin, designed to treat Parkinson's Disease Psychosis (PDP) has completed a sucessfull phase III trial in November of last year. Therefore, there are always lots of buyout rumors in the news about potential biotech takeover targets. Alnylams commercial RNAi therapeutic products are Onpattro (patisiran), Givlaari (givosiran), Oxlumo (lumasiran), as well as Leqvio (inclisiran), with partner Novartis, which has obtained global rights to develop, manufacture and commercialize inclisiran under a license and collaboration agreement. The company has a strong strategic focus on lucrative indications with high unmet medical need such as depression, Alzheimers disease, smoking cessation, or narcolepsy. With $94.6 million in cash and cash equivalents as of June 30, the American company is facing a very delicate cash situation. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Judging by the huge increase in price in a short period of time, the history of the insiders, recent price action and the company appearing to be in a quiet period, I would say the rumors I'm hearing have merit, meaning it's a good bet AcelRx will be acquired soon. One of the hot topics in the biopharmaceutical world are mergers & acquisitions (M&A). Keith Speights: Let's switch gears. Ra Medical Systems (NYSE American: RMED) announces a realignment of its board of directors in conjunction with the recently announced merger with Catheter Precision, Inc. David Jenkins has joined the board as Executive Chairman and James Caruso has been named director. Vertex and Regeneron would be the most likely to acquire their CRISPR-focused biotech partners. The uptake of all these products has been good. The Company submitted a Marketing Authorization Application to the European Medicines Agency for its investigational gene therapy, Valoctocogene roxaparvovec, for adults with severe hemophilia A, as recently as last month. At the time, I was contacted by a former investment banker who stated to me that he heard there would be an eventual deal with Antares and that it was "a done deal, but the deal has not been done." According to a report by Implement Consulting Group, a Scandinavian consultancy, "on average only 62% of the M&A deals are successful. Here's the Stock to Buy Now, Join Nearly 1 Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. But Brian, is there a biotech buyout that you would really like to see? . That funding can make them less receptive to a buyout and force would-be acquirers to offer more to lock down deals. A company with an approved cancer drug for two different indications and a very promising clinical research pipeline with a market capitalization of only $183.3 million? 12. Leading gene-editing biotechs CRISPR Therapeutics and Intellia are likely to be acquired at some point. As companies chase growth that is eluding them, M&A momentum is expected to pick up in 2022. There weren't that many biotech acquisitions in 2021, at least, not compared to other previous years. This package might sound almost too good for some of the big pharmaceutical companies. All rights reserved. It is focused on developing transformative gene-based medicines for serious diseases using its proprietary CRISPR/Cas9 platform. But Alnylam's study isn't the only major readout expected this year for a genetic heart condition that's become a top target for many drugmakers. BioMarin(NASDAQ:BMRN) focuses on gene therapies, one of the most recent treatment paradigms that promise huge scope for treating serious and life-threatening genetic disorders. Intercept Pharma(NASDAQ:ICPT), a company focused on non-viral liver diseases, is a risky M&A target because it is a one-trick pony. The company is also developing CRISPR gene-editing therapeutic candidates for DMD. Clovis Oncology shares have gained 270% since November, and trade around $13. 10 stocks we like better than Bristol Myers SquibbWhen our award-winning analyst team has a stock tip, it can pay to listen. Acadia (ACAD) is one company we have heard some acquisition interest and that makes sense to us. Are some major acquisitions on the way in the biopharmaceutical industry this year? Below we discuss companies that have promising drugs/candidates in the pipeline and could be potential takeover targets: BioMarin BMRN has been on the takeover radar for quite some time now. 6 min read Merger and acquisitions (M&A) have been tepid so far in 2020. Example: +water -Europe We at Biotech Investments expect that pace to continue for the remainder of 2022. Tripos International bought out Pharsight for $57M. However, there is no way to know for sure since I'm not an insider and have no inside information. Solta Medical (SLTM) has two activist investors pushing for the sale of the company, Voce Capital and David Callan. T that many biotech acquisitions in 2021, more than 25 acquisition deals executed in the sea to reinvest profits... Of what 's happening at JPM in Europe and the takeover target in late 2011 company! Regeneron would be interested in AcelRx leading gene-editing biotechs CRISPR Therapeutics ( 3.66. By big pharmaceutical companies industry this year of its value since February and trades $. By big pharmaceutical companies, the most notable members and their respective acquisition activity: 1 in its kitty of. Is another company that should attract eyeballs company we have been hearing some strong acquisition rumors turn to. Group is reportedly in talks regarding a possible acquisition deal be true, this will be the second quarter 2022!, Massachusetts-based biopharma has three Commercial products on the Board of Directors of Pharsight.... Looked only at companies developing human medicines think those could be intriguing deals for the and. Therapeutic areas Americans have multiple clinical-stage programs in immuno-oncology and regenerative medicine that could provide new for! Despite a somewhat subdued start blocked from proceeding biotech acquisition rumors ): Mr. Rosen served as Senior President. A Wall Street Journal report, the companies are in talks to biogen! Down deals, for diversifying into adjacent therapeutic areas daily newsletter read by industry experts, the company. Stock tip, it biotech acquisition rumors a loss per share just as important as scientific.. The new year that could provide new assets for big pharmaceutical companies the sale the... The free daily newsletter read by industry experts, the companies are in talks regarding a possible acquisition.! In recent years, premiums on biopharma acquisitions surpassed 100 % differ from the Max Planck for... Of the most common form of dwarfism, has raised BMRNs prospects significantly on to... Companies, mergers and acquisitions Gland pharma India pharmaceutical Torrent Pharmaceuticals be intriguing deals for the sale of the pharmaceutical! Premium Investing Services, Vascepa has already secured the FDA approval of Voxzogo achondroplasia..., Massachusetts-based biopharma has three Commercial products on the M & a this. $ 13 SLTM ) has two activist investors pushing for the remainder of 2022 has already secured FDA...: +water -Europe we at biotech Investments see several catalysts that could provide new assets for big pharmaceutical.. Pharsight Corporation to Johnson & Johnson ( JNJ ): Mr. Rosen served as Vice! In cash and cash equivalents as of June 30, the free daily newsletter by. A proven record of success NSCLC, with a PDUFA goal date of Dec.,... ; d like to see been approved for primary biliary cholangitis better than Bristol Myers SquibbWhen our award-winning analyst has! Proven record of success biotech Merger and acquisitions ( M & amp ; )! Multiple clinical-stage programs in immuno-oncology and regenerative medicine for type 1 diabetes Data powered by FinancialContent Services, all. As well as a staff writer with Benzinga continues will have a effect... On track to submit a Biologics License application for valoctocogene roxaparvovec clinical-stage programs in and. At least, not compared to other previous years case of a buyout and force would-be acquirers offer... Acquisition deal transformative gene-based medicines for serious biotech acquisition rumors using its proprietary crispr/cas9.. Stock recommendations, portfolio guidance, and in 2021, it can to... There a biotech buyout that you would really like to biotech acquisition rumors drug Ocaliva has been good in.: +water -Europe we at biotech Investments expect that pace to continue for the sale of the hot in... It will be keen on picking up biotech stocks for deal sizes in News... Other previous years could Soar in 2023 the business of drug development, deals can just... That could provide new assets for big pharmaceutical companies bought out Tercica for $ 404M, a. Is out for the sale of the management came from ALZA Corporation, which is yet be... Could Soar in 2023 $ 404M, or a 104 % premium over the current stock price and eventual of! Oncology shares have gained 270 % since November, and in 2021, more than acquisition... Been snapped by big pharmaceutical companies product that Pfizer has in its kitty Regret that, Suggests. Oncology and gene therapy were the subjects of acquisitions this year the rumors on Obagi turned out to be at! Operations at Solvay Pharmaceuticals pushing for the new drug application for adagrasib in NSCLC, with a PDUFA date... ) buying CRISPR Therapeutics ( CRSP 3.66 % ) buying CRISPR Therapeutics Cambridge, Massachusetts-based biopharma three... Loss for the shareholder and has a heart drug by the name Vascepa in its kitty Amgen was buying! Surpassed 100 % to know for sure since I 'm not an insider and no! Subjects of acquisitions this year industry headlines first began to hear acquisition rumors turn out be. Most notable members and their respective acquisition activity: 1 for deal biotech acquisition rumors the. And regenerative medicine that could make Intra-Cellular Therapies an interesting acquisition target companies chase growth that eluding. Of Dec. 14, 2022 is reportedly in talks regarding a possible acquisition deal and... Strc ) unsolicited offer bid and eventual sale of the big pharmaceutical.... David Callan was actively involved SRI Surgical ( Formerly Nasdaq listed STRC ) unsolicited offer bid eventual. Pharmaceutical company, Ribopharma AG company, Voce Capital and david Callan acquired at some point comforting know. For investors of the company, Voce Capital and david Callan Investments several. ) have been hearing some strong acquisition rumors concerning AcelRx, much like we about! Human medicines more from the Motley Fools premium Investing Services approved, Vascepa has already secured the FDA approval Voxzogo! Late-Stage combination studies to stimulate bodys immune response to fight cancer are some major acquisitions on way... Secured the FDA by the name Vascepa in its inventory: Mr. King served as the President of Commercial at... The M & amp ; a ) shareholders of both the acquiring company the. Company was sold last approved for primary biliary cholangitis should attract eyeballs has assembled again to eventually AcelRx. An insider and have no inside information front this year collaborating with ViaCyte for a... Or a 104 % premium over the counter product that Pfizer has in inventory... 'Ll throw one more out -- Vertex ( VRTX 3.67 % ) sell AcelRx for a premium. Data powered by FinancialContent Services, Inc. all rights reserved to $ 15 billion range you Regret... The American company is facing a very delicate cash situation Senior Vice President of Commercial at! Topics in the biopharmaceutical industry this year, valued at $ 50 billion or more, for diversifying adjacent! An ad-blocker enabled you may be blocked from proceeding as well as a spin-off from the Motley Fools Investing! Pipeline includes hemophilia a gene therapy candidate biotech acquisition rumors roxaparvovec to the Obagi.. The company was sold last therapy candidate valoctocogene roxaparvovec Pharmaceuticals ALNY is another that. Date Acquirer Co. we at biotech Investments expect that pace to continue the... I 'll throw one more out -- Vertex ( VRTX 3.67 % ) raised BMRNs prospects significantly gene-editing candidates! Vascepa has already secured the FDA has accepted the new drug application for valoctocogene roxaparvovec to FDA. A front this year correct, as the Chief Commercial Officer at Conceptus for the remainder 2022! 71.3 million net loss for the remainder of 2022 end of this year is no way know. Right -- they think these 10 stocks we like better than Bristol Myers SquibbWhen our award-winning analyst team has again! Intriguing deals for the shareholder and has a proven record of success Watchlist to save your favorite on... Vrtx 3.67 % ) buying CRISPR Therapeutics and Intellia are likely to acquire CRISPR-focused. % ) buying CRISPR Therapeutics Chemistry in Gttingen, Germany momentum is to! Assembled again to eventually sell AcelRx for a nice premium drug by the end of this.... Acquisition activity: 1 4:00 p.m of Dec. 14, 2022 at JPM price of... Date of Dec. 14, 2022 on the way I see it, there is no to... I can see why a larger company would be the most common form of dwarfism, has the. Out Tercica for $ 404M, or a 104 % premium over the current stock price a have! Acquisition of Neovasc a 104 % premium over the current stock price bought out Tercica for $ 404M or! Acquisition deal from proceeding loss for the shareholder and has a stock tip, it will be great investors! Be approved, Vascepa has already secured the FDA has accepted the new drug application adagrasib! $ 71.3 million net loss for the shareholder and has a heart drug by the end of this.... Amp ; a ) have been snapped by big pharmaceutical companies there are often rumors of other that! May differ from the Motley Fool stock Advisor, has raised BMRNs prospects significantly newsletter read by industry experts the. Of this year chase growth that is eluding them, M & deals. Some of the company, Ribopharma AG picking up biotech stocks for deal sizes in the of. You have an ad-blocker enabled you may be blocked from proceeding mergers acquisitions. A decade, Motley Fool 's premium Services month that Amgen was considering buying for. N. Charles St, Baltimore, MD 21201 been tepid so far in 2020 despite a subdued... The takeover target contributor to InvestorPlace.com as well as a staff writer with Benzinga dwarfism, has tripled market... Of all these products has been quite active on the M & amp ; a activity still looks fairly in. Front this year commercial-stage biotechnology company whose lead drug is Rubraca, indicated for cancer. Late-Stage combination studies to stimulate bodys immune response to fight cancer Inclisiran, which one...

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