We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies.
Scrip is part of Pharma Intelligence UK Limited
This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.
This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183
Pfizer buys Angiosyn in deal based largely on milestones
03 Dec 2015
Executive Summary
Pfizer is acquiring privately held Angiosyn (develops therapeutics that control angiogenesis) for a small up-front fee, while the majority of the payments on the deal--worth up to $527mm--are based on Angiosyn's successful development of drugs for an ophthalmic indication and a second undisclosed therapeutic area. (Strategic Transactions assumes the up-front payment to be $132mm and the rest in earn-outs.) Pfizer will also pay sales royalties.
Deal Industry
Biotechnology
Pharmaceuticals
Deal Status
Final
Deal Type
Acquisition
Acquisition of Private Biotech
Full Acquisition
Includes Earnout
Payment Includes Cash
Already a Biomedtracker subscriber?You have access to the full deal record through your subscription
Want to become a subscriber?Subscribers get more deal details, updates, deal financials and deal products.Questions?