Vifor invests $50mm in Akebia; gets rights to distribute vadadustat to Fresenius dialysis centers
Executive Summary
Akebia Therapeutics Inc. granted Vifor Pharma Group rights to exclusively distribute its anemia treatment vadadustat to Fresenius Medical Care North America dialysis centers (specifically, Fresenius Kidney Care LLC), once the candidate is approved by the FDA. Under terms of the deal, Vifor made a $50mm equity investment in Akebia through the purchase of 3.57mm common shares at $14 (an 11% premium).
Deal Industry
- Biotechnology
- Pharmaceuticals
- Services
Deal Status
- Final
Deal Type
-
Alliance
- Includes Equity
- Includes Royalty or Profit Split Information
- R&D and Marketing (Licensing)
Questions?
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