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BioWorld - Thursday, April 23, 2026
Home » Topics » Deals and M&A

Deals and M&A
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Astrazeneca strikes deal with Impedimed for Sozo platform in heart failure, kidney disease trial

Oct. 6, 2020
By Tamra Sami
PERTH, Australia – Astrazeneca plc is leasing 175 Sozo devices from Impedimed Ltd. and plans to put them in 20 countries to run phase II trials for a combination drug that looks at fluid imbalance in the human body in patients with heart failure (HF) and chronic kidney disease.
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Handshake with cityscape and businesspeople

Q3 sets stage for record-hitting deals; M&As to pick up in fourth quarter

Oct. 6, 2020
By Karen Carey
Just as financings are hitting record levels, biopharma deals should finish out 2020 on top, based on solid partnerships signed in the first three quarters of the year. While mergers and acquisitions have slowed this year, particularly in the third quarter, several big-money M&As slated to close in the fourth quarter could move the needle, putting this year within the top three highest values.
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Starting with Biogen deal in ALS, Scribe planning a new chapter in CRISPR story

Oct. 6, 2020
By Cormac Sheridan
Scribe Therapeutics Inc., another CRISPR-based genome editing firm out of the Jennifer Doudna stable, launched with $20 million in series A funding and a deal with Biogen Inc. in amyotrophic lateral sclerosis (ALS), which brings in another $15 million up front and up to $400 million in development and commercial milestones.
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Blue heart and data grid

Myosins for givin’: $13.1B takeover by BMS blesses Myokardia, points at Cytokinetics pipeline

Oct. 5, 2020
By Randy Osborne
Cytokinetics Inc. as a competitor for Myokardia Inc.’s cardiovascular drug, mavacamten, didn’t come up until near the end of the conference call related to the $13.1 billion buyout of the latter company by Bristol Myers Squibb Co., but the prospect is on Wall Street’s mind.
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Yufan inks deal with Abound to develop antibodies directing CAR T cells against cancer targets

Oct. 5, 2020
By Gina Lee and Elise Mak
HONG KONG – Xi’an, China-based Yufan Biotechnologies Co. Ltd. has partnered with Pittsburgh-based Abound Bio Inc. to discover and develop antibodies directing CAR T cells against cancer targets.
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BMS takes Myokardia with HCM therapy for $13.1B; Cytokinetics next?

Oct. 5, 2020
By Randy Osborne
Vial and syringe with DNA

Finding neo: Vaccibody nets Roche in potential $715M cancer vaccine deal

Oct. 1, 2020
By Randy Osborne
Michael Engsig, CEO of Oslo, Norway-based Vaccibody AS, said the company’s deal with Roche Holding AG lets his firm “fully set in motion” the plan to explore infectious diseases as well as cancer, and Chief Scientific Officer (CSO) Agnete Fredriksen pointed out that “an exceptional cross-functional team” has been put in place to get the job done. Vaccibody signed the new contract with Basel, Switzerland-based Roche’s Genentech arm to develop and sell DNA-based individualized neoantigen vaccines for cancers. The tie-up brings as much as $715 million for Vaccibody.
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Nurse starting dialysis on a patient

Medtronic to scoop up Avenu Medical in latest tuck-in buy

Sep. 30, 2020
By Liz Hollis
Medtronic plc has unveiled its latest buy this year with the planned acquisition of Avenu Medical Inc., which focuses on the endovascular creation of arteriovenous (AV) fistulae for patients with end-stage renal disease (ESRD) undergoing dialysis. The two did not disclose the terms of the transaction.
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Coronavirus cash

Pandemic and digital health account for 62% of med-tech deals in 2020

Sep. 30, 2020
By Karen Carey
More than 62% of the volume and 63% of the projected values of med-tech deals completed in 2020 are for one of two things: COVID-19 diagnostics and devices or digital health technologies that fall outside of the pandemic efforts. As of late September, BioWorld has tracked 1,012 deals this year – including licensings, collaborations and joint ventures – valued at $3.67 billion, as well as 272 completed mergers and acquisitions valued at $8.53 billion.
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Pfizer investing $200M in Cstone as part of new oncology alliance

Sep. 30, 2020
By Michael Fitzhugh
In a valuable new deal for Cstone Pharmaceuticals Co. Ltd., Pfizer Inc. is taking a 9.9% stake in the company and licensing exclusive rights to commercialize its lead asset, the anti-PD-L1 antibody sugemalimab, in mainland China.
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