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Teva gains shelved Pfizer migraine mAb in $200mm Labrys buy
10 Sep 2020
Executive Summary
Teva Pharmaceutical Industries Ltd. paid $200mm up front for Labrys Biologics Inc., a private start-up focused on the treatment of migraine. Teva may also spend up to $625mm in earn-outs based on pre-launch milestones.
Deal Industry
- Pharmaceuticals
-
Biotechnology
-
Large Molecule
- Antibodies
-
Large Molecule
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Includes Earnout
- Payment Includes Cash
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