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BioWorld - Monday, April 13, 2026
Home » Topics » Deals and M&A

Deals and M&A
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Microscope with laptop displaying histology image.

Agilent buys Biocare for $950M

March 9, 2026
By Shani Alexander
No Comments
Agilent Technologies Inc. has agreed to buy Biocare Medical LLC for $950 million in cash in a bid to strengthen its pathology portfolio. The deal adds Biocare’s complementary immunohistochemistry antibodies, reagents and instruments portfolio to Agilent’s existing offerings, and expands its ability to serve a wider range of pathology laboratories across clinical and research settings.
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Eli Lilly commits $500M to boost South Korea’s biomedical sector

March 9, 2026
By Marian (YoonJee) Chu
No Comments
Eli Lilly and Co. will invest $500 million to support South Korea’s biopharmaceutical industry over the next five years, following high-level talks March 9 between Prime Minister Kim Min-seok and Lilly Executive Vice President Patrik Jonsson.
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Targeted cancer cell

New era dawns for Day One with $2.5B Servier buyout

March 6, 2026
By Randy Osborne
No Comments
What Cowen analyst Tara Bancroft called an “exciting” year ahead for Day One Biopharmaceuticals Inc. will be shared by Servier SAS, after the French firm agreed to pay $21.50 per share to acquire Day One in a deal that notched an equity value of about $2.5 billion.
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Heart and DNA

Tenaya, Alnylam join in $1B+ cardio deal for novel genetic targets

March 6, 2026
By Karen Carey
No Comments
Entering its first major cardiovascular disease collaboration with a biopharma company, while it advances two internal gene therapies, Tenaya Therapeutics Inc. signed on with Alnylam Pharmaceuticals Inc. to deliver up to 15 novel genetic targets that could lead to new heart disease medicines. The deal comes with $10 million up front, and up to $1.13 billion is available to South San Francisco-based Tenaya if all targets meet certain milestones, leading to approved therapeutics that Alnylam develops and commercializes.
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MOHW Minister Jeong Eun Kyeong and Jörg-Michael Rupp, Roche

Roche to invest ₩710B in South Korea over five years

March 5, 2026
By Marian (YoonJee) Chu
No Comments
Roche Holding AG pledged to invest ₩710 billion (US$484.6 million) in South Korea over the next five years, positioning the country as a major global hub for clinical trials. The near $500 million agreement inked with the Korean government will bring Roche’s clinical trials for common or incurable diseases and innovative biopharmaceutical products to the country.
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Heart and DNA

Tenaya, Alnylam join in $1B+ cardio deal for novel genetic targets

March 5, 2026
By Karen Carey
No Comments
Entering its first major cardiovascular disease collaboration with a biopharma company, while it advances two internal gene therapies, Tenaya Therapeutics Inc. signed on with Alnylam Pharmaceuticals Inc. to deliver up to 15 novel genetic targets that could lead to new heart disease medicines. The deal comes with $10 million up front, and up to $1.13 billion is available to South San Francisco-based Tenaya if all targets meet certain milestones, leading to approved therapeutics that Alnylam develops and commercializes.
Read More
Gold dollar sign inside gold cog

Sanofi licenses Sino Biopharm’s JAK/ROCK drug for $1.4B

March 4, 2026
By Tamra Sami
No Comments
On the heels of China’s approval of Sino Biopharmaceutical Ltd.’s rovadicitinib, Sanofi SA is now inlicensing the first-in-class dual JAK/ROCK inhibitor in a deal worth more than $1.4 billion.
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Red and blue bispecific antibodies

UCB inks $1.1B deal for Antengene’s autoimmune bispecific TCE

March 4, 2026
By Marian (YoonJee) Chu
No Comments
Belgian pharma giant UCB SA is putting skin in the bispecific T-cell engager (TCE) game, announcing a potential $1.1 billion deal to license Antengene Corp.’s ATG-201. ATG-201 is a CD19/CD3 bispecific TCE antibody aimed at autoimmune disorders, though specific indications were not disclosed.
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Immune

UCB and Antengene sign license agreement for ATG-201

March 4, 2026
No Comments
UCB SA and Antengene Corp. Ltd. have entered into a license agreement that grants UCB a worldwide exclusive license to further develop, manufacture and commercialize ATG-201.
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Lungs, heart anatomy

Returning to pulmonary hypertension, GSK buys 35Pharma

March 3, 2026
By Marian (YoonJee) Chu
No Comments
GSK plc is paying $950 million cash to acquire 100% of 35Pharma Inc.’s equity and pipeline, including phase II-ready candidate HS-235 for pulmonary hypertension. The acquisition agreement comes a day after GSK added two small interfering RNA assets from Nanjing, China-based Frontier Biotechnologies Inc. through a license deal reaching up to $1 billion.
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