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Genentech pays $725mm up front for early-stage cancer start-up Seragon
24 Aug 2020
Executive Summary
Roche’s Genentech Inc. shelled out $725mm in up-front cash to buy privately held Seragon Pharmaceuticals Inc., an early-stage oncology company that could also get up to $1bn in earn-outs.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Includes Earnout
- Intra-Biotech Deal
- Payment Includes Cash
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Genentech pays $725mm up front for early-stage cancer start-up Seragon
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