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Takeda buys Inviragen for $35mm plus up to $215mm in earn-outs
26 Aug 2020
Executive Summary
Takeda Pharmaceutical Co. Ltd. is continuing to grow its vaccines business, this time through the acquisition of Inviragen Inc., a privately owned biotech with projects in preclinical through Phase II trials for various infectious diseases. Takeda paid $35mm in cash up front, and could hand over up to an additional $215mm in development and commercialization earn-outs.
Deal Industry
- Biotechnology
- Pharmaceuticals
-
Pharmaceuticals
- Vaccines
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Includes Earnout
- Payment Includes Cash
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Takeda buys Inviragen for $35mm plus up to $215mm in earn-outs
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