Acceleron To Be Next M&A Target With Rumored $11bn Deal
BMS Seen As Most Likely Suitor
The Cambridge, MA-based biotech has one blockbuster-tipped drug already on the market, with another in pivotal studies.
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Avoro Capital, Holocene Advisors and Darwin Global say that Acceleron should sell later for a higher price based on forthcoming data or Merck should raise its bid above $180 per share.
The company announced the biggest biopharma M&A deal of the year so far, but Merck will need more large deals to manage declining sales when its top-selling product faces biosimilars in 2028.
Biopharma M&A has had a quiet year so far but could heat up if rivals start vying for the biotech company.