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Juno pays $42mm in cash and stock to buy X-BODY
29 Sep 2020
Executive Summary
Private antibody engineering company X-BODY Inc. was acquired by Juno Therapeutics Inc. Juno paid $21mm in cash, issued 439k of its shares (valued at $21mm), and could hand over earn-outs for R&D, regulatory, and sales achievements.
Deal Industry
- Pharmaceuticals
-
Biotechnology
- Drug Discovery Tools
-
Large Molecule
- Antibodies
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Includes Earnout
- Intra-Biotech Deal
- Payment Includes Cash
- Payment Includes Stock
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Juno pays $42mm in cash and stock to buy X-BODY
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