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BioWorld - Friday, June 20, 2025
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Home » Twin biggies rattle JPM takeover field: AZ signs $1.8B deal with Cincor, Chiesi to buy Amryt; Ipsen snatches up Albireo, too
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Twin biggies rattle JPM takeover field: AZ signs $1.8B deal with Cincor, Chiesi to buy Amryt; Ipsen snatches up Albireo, too

Jan. 9, 2023
By Randy Osborne
Parties to Astrazeneca plc’s potential $1.8 billion takeover of Cincor Pharma Inc. are keeping mum about contingent value rights included in the deal for baxdrostat, the phase III-bound aldosterone synthase targeter in the works to treat hypertension and chronic kidney disease. Another acquisition that captured headlines as the J.P. Morgan Healthcare Conference launched in San Francisco: the $1.4 billion-plus agreement whereby Chiesi Farmaceutici S.p.A. will take ownership of Amryt Pharma plc. And there was more, as Ipsen SA pledged $952 million to make Albireo Pharma Inc. its own.
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