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Inhale acquires Bradford Particle Design for $200mm
31 May 2001
Executive Summary
Leveraging its technological strength in powders and inhalation, and seeking to broaden its product base, Inhale Therapeutic Systems is acquiring UK company Bradford Particle Design (engineers particles for drug delivery) for about $210mm---$190mm in stock (about 3.75mm shares) and $20mm in cash, or about 23 times its 2000 sales.
Deal Industry
- Biotechnology
- Pharmaceuticals
-
Pharmaceuticals
- Drug Delivery
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
- Payment Includes Stock
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