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BMS buys cancer start-up Flexus for up to $1.25bn

02 Oct 2020

Executive Summary

Bristol-Myers Squibb Co. paid $800mm up front for Flexus Biosciences Inc., a private cancer start-up that's also entitled to $450mm in development earn-outs.

Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Includes Earnout
    • Payment Includes Cash

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