Bristol acquires heart failure company Cardioxyl for up to $2.1bn
Bristol-Myers Squibb Co. spent $300mm in up-front and near-term milestone payments for Cardioxyl Pharmaceuticals Inc., a private heart failure drug developer. Cardioxyl is also eligible for up to $1.775bn in development, regulatory, and sales milestones.
- Acquisition of Private Biotech
- Full Acquisition
- Includes Earnout
- Payment Includes Cash
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