
Dainippon Sumitomo to buy Sepracor for $2.55bn
Executive Summary
In a deal valued at about $2.55bn, Dainippon Sumitomo Pharma (DSP; Japan's seventh-largest drug company in terms of sales) agreed to pay $23 (a 26% premium) for each of US biotech Sepracor's 111mm outstanding shares.
Deal Industry
- Biotechnology
- Pharmaceuticals
-
Pharmaceuticals
- Chiral Chemistry
- Specialty Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash for Equity
Questions?
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