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BioWorld - Saturday, February 21, 2026
Home » Topics » Deals and M&A

Deals and M&A
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Foot pain

RNAi gout drug on Horizon as Arrowhead smiths potential $700M deal

June 21, 2021
By Randy Osborne
The agreement between gout player Horizon plc and RNAi expert Arrowhead Pharmaceuticals Inc. could result in a subcutaneously given, infrequently dosed fix for the disease that takes aim at xanthine dehydrogenase. “They brought us the target – it wasn’t something we were developing,” said Arrowhead CEO Christopher Anzalone, but the Pasadena, Calif.-based firm’s research on hepatocyte-directed therapies provides confidence.
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Jacobio receives $20M from Abbvie to advance SHP2 combo trials

June 21, 2021
By Elise Mak
Jacobio Pharmaceuticals Group Co. Ltd. has received a milestone payment of $20 million from Abbvie Inc. for dosing the first two patients in the U.S. for a global phase I/IIa study of SHP2 inhibitor JAB-3312 in combination with PD-1 antibody pembrolizumab and MEK inhibitor binimetinib, taking another step forward in the global SHP2 race.
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Frederic Levy, executive director at Debiopharm

Ubix and Debiopharm partner on new antibody degraducer conjugates

June 18, 2021
By Gina Lee
A co-research agreement between Ubix Therapeutics Inc. and Debiopharm International SA aimed at creating a new antibody degraducer conjugates drug modality to treat cancer will combine Ubix’s Degraducer molecule with Debiopharm’s antibody-drug conjugate linker Multilink to specifically target cancer cells.
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Antibodies attacking cancer cell

BMS, Eisai join forces for phase I ADC in potential $3B-plus deal

June 18, 2021
By Randy Osborne
Bristol Myers Squibb Co. (BMS) and Eisai Co. Ltd. inked a potential $3.1 billion agreement to co-develop and co-commercialize the antibody-drug conjugate (ADC) MORAb-202 for advanced solid tumors. Eisai’s first ADC, MORAb-202 pairs the company’s anti-folate receptor alpha (FRα) antibody with the Tokyo-based firm’s anticancer agent eribulin using an enzyme cleavable linker. It is characterized as a potential best-in-class candidate and is under investigation for tumors that include endometrial, ovarian, lung and breast cancers in two studies: a phase I effort in Japan and a phase I/II experiment in the U.S. The companies plan to enter the registrational stage of development as early as 2022.
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Person wearing Neurocap

Brain Scientific heads into merger with Piezo Motion

June 17, 2021
By Annette Boyle
Brain Scientific Inc. plans to acquire Piezo Motion Corp. in an all-stock transaction expected to close in July 2021. The deal depends in part on the successful closing of a $5 million funding round. At closing, Brain Scientific will acquire 100% of Piezo’s outstanding shares along with its assets and liabilities. Piezo Motion’s shareholders will receive the number of shares of Brain Scientific’s common stock equal to 100% of its issued and outstanding shares immediately prior to closing on a fully diluted, as converted basis.
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Hands holding arrow-shaped puzzle pieces

Danaher buying biotech company Aldevron for $9.6B

June 17, 2021
By Meg Bryant
Diagnostics powerhouse Danaher Corp. has agreed to buy Aldevron LLC, a privately held biotech company that supplies a key ingredient for COVID-19 vaccines, from EQT VIII Fund for $9.6 billion in cash. Based in Fargo, N.D., with additional operations in Madison, Wis., Aldevron makes high-quality plasmid DNA, mRNA and recombinant proteins used in vaccines, gene and cell therapy, gene editing and diagnostic applications.
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Person on couch using Ada symptom checker app on smartphone

Symptom checker app developer Ada Health partners with Takeda, Sanofi, others

June 17, 2021
By Ana Mulero
As demand for artificial intelligence (AI)-driven health assessment platforms grows, software developer Ada Health GmbH has signed more than 10 new partnerships with key players across life sciences, insurance and health systems. These include pharmaceutical partners Takeda Pharmaceutical Co., Sanofi SA, Alnylam Pharmaceuticals Inc., as well as Taj Digital Health, Sutter Health, and more.
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M&A cityscape

Med-tech M&As rise above 2020; nearly half of deals are digital health

June 17, 2021
By Karen Carey
The largest med-tech M&As so far in 2021 have bumped the year’s value well above this point last year, although none come close to the October merger of Teladoc Health Inc. and Livongo Health Inc. for $18.5 billion. Still, 2021 appears on track to exceed 2020’s $38 billion M&A total, with 227 completed M&As already valued at $25 billion, 66% of 2020’s full-year amount.
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High gear

Fibrogen licensing multiple preclinical assets from Hifibio for $1.1B+

June 17, 2021
By Michael Fitzhugh
Just days after Hifibio Therapeutics Inc. closed a $75 million series D financing, Fibrogen Inc. has agreed to pay the antibody specialist $25 million up front and as much as $1.1 billion in milestones for rights to multiple preclinical programs for autoimmune diseases and cancer. The deal includes exclusive rights to Galectin-9 programs, in which the lead asset is expected to enter clinical development in the first quarter of 2023, and options to license all assets in Hifibio's CXCR5 and CCR8 programs.
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Stem cells

Shoreline to collaborate with Kite in a deal that could top $2B

June 17, 2021
By Lee Landenberger
Barely a week after cutting a deal with Beigene Ltd. that included an up-front of $45 million cash, Shoreline Biosciences Inc. and Gilead Sciences Inc.-owned Kite are collaborating to develop allogeneic cell therapies in a deal that could bring Shoreline more than $2.3 billion plus royalties.
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