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Clinical Data buys Adenosine Therapeutics

Executive Summary

Clinical Data (developing biomarkers and drugs) and its pharmacogenetic testing division PGx Health have purchased all of the assets of privately held Adenosine Therapeutics for $11mm in cash, $25.2mm in promissory notes (a $22mm five-year note, and a $3.2mm 32-month note), and up to $30mm in development- and sales-based earn-outs.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Includes Contract
    • Includes Earnout
    • Intra-Biotech Deal
    • Payment Includes Cash

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