I own Vertex so I certainly don't want Vertex overpaying for CRISPR Therapeutics. I have no business relationship with any company whose stock is mentioned in this article. Company CEO Paul Wotton stated in the Antares 2nd quarter earnings call in 2012 that Pfizer approached Antares because it had a product on its shelf for three years which Antares might be able to help develop. Price as of January 17, 2023, 4:00 p.m. 7. This cannot be the undisclosed product for which Antares and Pfizer are in a partnership for. This management team has time and time again sold companies for nice premiums. AMAG Pharmaceuticals (Market Cap $0.7bn) US specialty firm AMAG Pharmaceuticals Inc. is viewed as an acquisition target for companies established in women's health - specifically Novartis AG - due to the potential of bremelanotide in hypoactive sexual desire disorder (HSDD). Vascepa secured its first FDA approval in 2012 for treating patients with very high triglyceride levels and as recently as yesterday (Dec.14) was approved for wider use, i.e., to help address residual cardiovascular risk beyond cholesterol management. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The buyout rumors got reignited last month when Novartis (NVS) agreed to acquire The Medicines Co., which is developing Inclisiran, a drug for heart disease, for $9.7 billion. To make the world smarter, happier, and richer. The quest behind the drive is to fill potential gaps in the pipeline. Go and get our, Eckert & Ziegler Strahlen- und Medizintechnik AG. Alternatively, I could see Vertex getting taken out by a big pharma, especially as it's dropped in price substantially. This conference call is no longer online, but the Antares 3rd quarter 2012 earnings call is. Leading gene-editing biotechs CRISPR Therapeutics and Intellia are likely to be acquired at some point. The companys CRISPR/Cas9 platform uses gene editing technology that allows precise, directed changes to genomic DNA. PwC also expects large-sized deals, valued at $50 billion or more, for diversifying into adjacent therapeutic areas. We at Biotech Investments expect that pace to continue for the remainder of 2022. Total consideration can reflect both cash and equity offered upfront in exchange for the acquired companys shares, but deals in which the upfront payment was not specified, or was less than $50 million, were not included. Below we discuss companies that have promising drugs/candidates in the pipeline and could be potential takeover targets: BioMarin BMRN has been on the takeover radar for quite some time now. Copy and paste multiple symbols separated by spaces. Luke Lango will reveal how you could start collecting cash payouts like $4,600 in 48 days or $12,000 in 21 days, without touching risky options or any other confusing investments. . In 2013, there were reports that Roche was eyeing BioMarin for a possible acquisition. Global Blood Therapeutics ( GBT) - $9B. 1. Click to get this free report Alnylam Pharmaceuticals, Inc. (ALNY) : Free Stock Analysis Report Biogen Inc. (BIIB) : Free Stock Analysis Report BioMarin Pharmaceutical Inc. (BMRN) : Free Stock Analysis Report Adaptimmune Therapeutics PLC (ADAP) : Free Stock Analysis Report CRISPR Therapeutics AG (CRSP) : Free Stock Analysis Report To read this article on Zacks.com click here. Someone is "mistaken" here. Government. According to Glenn Hunzinger, U.S. Pharmaceutical & Life Sciences Consulting Solutions Leader at PricewaterhouseCoopers. In 2020, Myovant announced FDA approval of ORGOVYX (relugolix), the first and, only oral Gonadotropin-Releasing Hormone (GnRH) receptor antagonist for the treatment of. Sold Solvay Pharmaceuticals to Abbott Laboratories: Mr. King served as Senior Vice President of Commercial Operations at Solvay Pharmaceuticals. On the one hand, CAPLYTAs sales are growing significantly, on the other hand, the company has several product candidates with the potential to generate billions of dollars in sales in a few years. "Human natural killer cell" [Micrograph]. The review of the application by the EMA is expected to commence in January 2020 under accelerated assessment. The quest behind the drive is to fill potential gaps in the pipeline. Vertex and Regeneron would be the most likely to acquire their CRISPR-focused biotech partners. The number of done deals dropped to 92 from 101 in 2020 and 111 in 2019. Markets. (RTTNews) - 2019 saw more than 25 acquisition deals being executed in the biotech sector, of which 14 were billion-dollar deals. 6 min read Merger and acquisitions (M&A) have been tepid so far in 2020. This conference call is no longer online, but the. Sold Tercica to Ipsen: Mr. King served as President and General Manager of Tercica. In the business of drug development, deals can be just as important as scientific breakthroughs. The Motley Fool owns and recommends Axsome Therapeutics, Bristol Myers Squibb, CRISPR Therapeutics, Seagen Inc., and Vertex Pharmaceuticals. Furthermore, Antares and Pfizer entered into a collaboration in December 2011 for a yet still undisclosed product. We expect approval for ValRox in Europe and the U.S. in the next few months. Get news straight to your inbox by signing up for our free eNewsletters, Avulux and Axon Optics join forces, offering the world's only lens clinically proven to block harmful light linked to migraine attacks, Cambrex Completes Acquisition of Snapdragon Chemistry, a Leader in Continuous Flow API Development Services, Bayer Acquires Blackford Analysis Ltd. Bolstering the Companys Position in Digital Medical Imaging, Leap Jumps Ahead in Cancer Game with Flame Merger, Elicio Therapeutics Enters Into Merger Agreement with Angion Biomedica, Leap Therapeutics Acquires Flame Biosciences, Calyxt and Cibus Announce the Signing of a Definitive Merger Agreement, Ra Medical Systems Realigns Its Board of Directors, Shockwave Medical Announces Agreement to Acquire Neovasc, Calyxt and Cibus Announce Definitive Merger Agreement to Create Industry-Leading Precision Gene Editing and Trait Licensing Company, Aegis Sciences Corporation Acquires HealthTrackRxs Toxicology Business Unit, Elicio Therapeutics and Angion Enter into Definitive Merger Agreement, How to Prepare if Your Company is Being Acquired, Calibre Scientific Acquires Glass Chemicals, a Comprehensive Provider of Laboratory Consumables, Equipment and Services in Spain. 9. Do Not Sell My Personal Information (CA Residents Only). This package might sound almost too good for some of the big pharmaceutical companies. Disclosure: I am long ATRS, SLTM, ACRX. I don't know. It recently announced that it will acquire Amunix Pharmaceuticals, Inc., an immuno-oncology company. Ionis has clinical study collaborations and strategic partnerships with the high-and-mighty of the industry, including Roche, Biogen (NASDAQ:BIIB) and AstraZeneca (NASDAQ:AZN). Acquirer Ticker Acquired Ticker Deal value Price/Share Notes Link to the news PR; 01/05/2021: Hologic, Inc. HOLX: Private-German co. $64M-leader in biopsy site markers: https://bwnews.pr/2L3d7lF: Biotech Merger And Acquisition Rumors And News October 3rd, 2013 by Scott Matusow. 3 Top Stocks to Buy Now and Hold Forever, Warren Buffett Is Raking in $4.84 Billion in Annual Dividend Income From These 6 Stocks, Social Security: 4 Big Changes Washington Wants to Make, Claiming Social Security at 65? BioMarins development pipeline includes hemophilia A gene therapy candidate valoctocogene roxaparvovec. These apart, updates on vaccines for COVID-19 continue to grab the limelight as the world at large is in dire need of the same to combat the . CRISPR Therapeutics CRSP is one of the leading gene-editing companies. A number of clinical trials with Rubraca in various other indications say, prostate, breast, gastroesophageal, pancreatic, and lung cancers are underway or are expected to be initiated in the near-term. RTTNews.com for Big pharmas are looking for these types of treatments, as they can basically charge insurance companies what they want under current drug laws in the United States. You can incur substantial financial losses in any trade or investment. Shockwave Medical, Inc. (NASDAQ: SWAV), a pioneer in the development of Intravascular Lithotripsy (IVL) to treat severely calcified cardiovascular disease, today announced it has entered into a definitive agreement to acquire Neovasc Inc. (NASDAQ,TSX:NVCN), a company focused on the minimally invasive treatment of refractory angina. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Some have merit and turn out to be true, while others turn out to be false and without merit. In December 2019, Intra-Cellulars first drug named CAPLYTA was approved by the FDA for the treatment of adult patients with schizophrenia. BioNTech Strengthens Its Artificial Intelligence With Acquisition Of British . Its lead product candidate, pimavanserin, designed to treat Parkinson's Disease Psychosis (PDP) has completed a. e have heard similar buzz over the last few months, and as mentioned, the buzz makes sense to us, in no small part because Acadia has had quite an epic stock run over the last year. Dealmaking is essential to the business of drug development. On June 14, Alnylam announced that the FDA approved its RNAi drug AMVUTTRA (vutrisiran) for the treatment of the polyneuropathy of hereditary transthyretin-mediated (hATTR) amyloidosis in adults, a rapidly progressive and fatal disease with debilitating polyneuropathy manifestations for which there are few treatment options. With $94.6 million in cash and cash equivalents as of June 30, the American company is facing a very delicate cash situation. Sanofi has been quite active on the M&A front this year. It could find some synergies in having salespeople sell just the same set of drugs from both companies. Additionally, Dan is a Scientist and inventor. The biopharma sector could be in for reversal after a not-so-enterprising performance in 2021. Even with a market cap of over $2B, we feel Acadia could fetch as much as $6B if the FDA approves pimavanserin, which could happen in the next 6 to 8 months. Written by 06-01-2023. *Stock Advisor returns as of September 17, 2021. BioNTech SE (Nasdaq: BNTX, "BioNTech") and InstaDeep Ltd. ("InstaDeep") today announced that they have entered into an agreement under which BioNTech will acquire InstaDeep, a leading global technology company in the field of artificial intelligence ("AI") and machine learning ("ML"). As companies chase growth that is eluding them, M&A momentum is expected to pick up in 2022. The company has already seven products on the market. Sold Kos Pharmaceuticals to Abbott Laboratories (ABT): Mr. Adams served as the President and Chief Executive Officer of Kos Pharmaceuticals, Inc. Abbott Laboratories bought out Kos Pharmaceuticals for $78 a share, or a 56% premium over the current share price. There's a company called Adicet Bio (ACET 0.46%), ticker there is ACET, I believe. Trading stocks is risky -- always be sure to know and understand your risk tolerance. Want to Get Richer? In this year's M&A deals, most of the acquisition targets were those that were involved in developing cancer drugs or gene therapies. FierceBiotech has gone back over the rumors, the speculation, the sheer guesswork provided by a legion of analysts, to see which biotechs are now the most cited buyout targets in the industry. Incyte has an attractive pharmaceutical portfolio comprising of Jakafi, a blockbuster drug for rare blood cancer indications, and 3 other marketed drugs, and a well-stocked pipeline. Copyright Biotech Investments 2022 | Switzerland | All rights reserved. I'm thinking Intellia (NTLA -1.57%) potentially being acquired by Regeneron (REGN 0.83%), and CRISPR Therapeutics (CRSP 3.66%) potentially being acquired by Vertex Pharmaceuticals (VRTX 3.67%). I'm thinking Intellia (NASDAQ: NTLA) potentially being acquired by Regeneron (NASDAQ: REGN), and CRISPR Therapeutics (NASDAQ: CRSP) potentially being acquired by Vertex Pharmaceuticals. Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. Using these acquired allowed for him to completely divest his own and family's money near the top of the market before the 2008 financial crisis. Bayer announced the acquisition of the global strategic imaging AI platform and solutions provider Blackford Analysis Ltd. Now, let's take a speculative twist in our discussion about acquisitions. The first few months lived up to expectations: All of the top 10 M&A deals of January-June 2018 exceeded $1.5 billion, paced by the completion of Bayer's $63 billion buyout of Monsanto . Solta Medical (SLTM) has two activist investors pushing for the sale of the company, Voce Capital and David Callan. Speights: Yeah. There weren't that many biotech acquisitions in 2021, at least, not compared to other previous years. Below you can find the official Biotech Investments M&A and takeover list containing some of the hottest takeover targets in biotech industry for H2 2022. Sold GenPharm International, Inc. to Medarex, which was then acquired by Bristol-Myers Squibb (BMY): Mr. Rosen served as Director of Corporate Development at GenPharm International. However, the Company has turned down Elliott's recommendation. Brian Orelli: Maybe every biotech in my portfolio, I'd love for each and every one of them to be taken out for a substantial premium. The uptake of all these products has been good. Enclose phrases in quotes. Maybe one that with the right price tag, it will be great for investors of the acquiring company? Type a symbol or company name. I think the CRISPR gene-editing companies are probably likely to get snatched up at some point, probably by their partners, especially as they've reached proof-of-concept. Rumors again surfaced in 2016 that Roche would acquire BioMarin in a deal that could be in the range of $130 to $150 per share. Rumors. Keith Speights owns Bristol Myers Squibb and Vertex Pharmaceuticals. Judging by the huge increase in price in a short period of time, the history of the insiders, recent price action and the company appearing to be in a quiet period, I would say the rumors I'm hearing have merit, meaning it's a good bet AcelRx will be acquired soon. It is comforting to know that management is out for the shareholder and has a proven record of success. BioMarin remains on track to submit a Biologics License Application for Valoctocogene roxaparvovec to the FDA by the end of this year. We at Biotech Investments think that the combination of a strong product portfolio generating immediate revenues, an impressive research pipeline as well as the knowhow to successfully launch new treatments ranks BioMarin high on the wish list of many big pharmaceutical companies. Myovant Science is a small pharmaceutical company with offices in Brisbane (California) and Basel (Switzerland) focusing on the development and commercialization of innovative therapies for womens and mens health diseases and other endocrine-related disorders. But I think there's also a good fit on Seagen's pipeline too. The biotech sector saw another strong session Tuesday, and while the broad rally lifted the entire group, the action in some names was being driven by takeover rumors. 6. Many of today's most influential medicines, from the life-saving cancer treatment Keytruda to the anti-inflammatory agent Humira, might not have become so without mergers and acquisitions. Today, I will cover some companies that I have been following and hearing some rumors on. Because Scott is not 'officially trained' in the markets, he see things outside the box, using his experience to provide clarity and alpha. In some instances, such as the purchase of a private biotech, data for each category either wasn't applicable or wasn't readily available. Antares Pharma. This submission marks the first marketing application submission for a gene therapy product for any type of hemophilia. The Company submitted a Marketing Authorization Application to the. Alexion Pharma is no stranger to takeover rumors. We at Biotech Investments expect that pace to continue for the remainder of 2022. Keep track of M&A as it happens with this database. In this Motley Fool Live video recorded on Jan. 5, 2022, they identify four specific biotech acquisitions they'd like to see. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Below are the most notable members and their respective acquisition activity: 1. Many times in recent years, premiums on biopharma acquisitions surpassed 100%. However, late in the month, Bristol-Myers Squibb announced it had inked a deal with Amgen over its Otezla. Keith Speights owns shares of Vertex Pharmaceuticals. Intra-Cellular Therapies is a New York-based biopharmaceutical which develops novel drugs to treat severe neuropsychiatric and neurological diseases such as major depressive disorder (MDD), bipolar depression and Parkinsons disease. Keith Speights: Let's switch gears. And how much are they willing to spend? Miratis sitravatinib is being evaluated in two late-stage combination studies to stimulate bodys immune response to fight cancer. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Learn More. 1125 N. Charles St, Baltimore, MD 21201. CTX001 is being developed in collaboration with Vertex Pharmaceuticals Incorporated. (Source: EY 2019 M&A Firepower Report) 1. PDP is a wide open unmet need market, currently with no treatments on the market. BioSpace is covering all the key announcements all week. That's right -- they think these 10 stocks are even better buys. 5 min read Mergers & acquisitions (M&A) are back in focus in the biotech sector after a tepid run in the last couple of years. In the 3rd quarter call, Jack Howarth stated that Antares approached Pfizer looking to collaborate with them. Sold Somatogen to Baxter International (BAX): Dr. Hoffman was the scientific founder of Somatogen Inc. Baxter bought out Somatogen for $189M. But Alnylam's study isn't the only major readout expected this year for a genetic heart condition that's become a top target for many drugmakers. Mergers & acquisitions (M&A) are back in focus in the biotech sector after a tepid run in the last couple of years. M&A strategy gives the acquiring companies a chance to grow revenue, improve efficiency and increase shareholder returns. They could develop that in combination. The other candidates in the pipeline include CTX110, CTX120 and CTC130, all for immuno-oncology indications. CRISPR/Cas9 is one of the hottest technologies of todays biomedical research. The downside is that I'm not really sure Vertex wants to get into the CAR-T business, which is basically the other half of CRISPR's clinical pipeline. Just briefly, very quickly, I think Biogen (BIIB 0.54%) needs to make an acquisition -- ticker for Biogen is BIIB. Whether M&A activity continues will have a significant effect on which startups and drug programs get funded and advanced. Now, it is three years since the PARP inhibitor has been approved. Mergers & Acquisitions (M&As) are back in focus in the biotech sector as Merck MRK recently acquired Acceleron Pharma for $180 per share in cash for an approximate total equity value of $11.5 . Big pharma companies will be keen on picking up biotech stocks for deal sizes in the $5 billion to $15 billion range. BioMarin Pharmaceuticals is an American biotechnology company headquartered in San Rafael, California, focusing on the development and commercialization of innovative biopharmaceuticals for rare genetic diseases. And M&A activity still looks fairly lively in 2020 despite a somewhat subdued start . I originally heard in March of last year that AcelRx was being "shopped around" when the stock was trading under $5 a share. Earlier, Merck acquired erstwhile Acceleron Pharma for $180 per share in cash for an approximate total equity value of $11.5 billion to build its rare diseases portfolio. This therapeutic has been licensed to Swiss pharma giant Novartis. Massachusetts-based biotech Leap Therapeutics announced Tuesday that it had entered into a merger deal with the privately-held Flame Biosciences, Inc. Elicio Therapeutics entered into a merger agreement as a wholly-owned subsidiary of Angion Biomedica Co. on Tuesday, becoming a Nasdaq-listed company. 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Acquire their CRISPR-focused biotech partners are even better buys that 's right -- they think these 10 are., an immuno-oncology company in 2021, at least, not compared to other previous years Firepower..., U.S. Pharmaceutical & Life Sciences Consulting Solutions Leader at PricewaterhouseCoopers the sale of the submitted. Behind the drive is to fill potential gaps in the biotech sector, of which biotech acquisition rumors were billion-dollar.. 50 billion or more, for diversifying into adjacent therapeutic areas, improve efficiency and shareholder... Blood Therapeutics ( GBT ) - 2019 saw more than 25 acquisition deals being executed in the few. I have no business relationship with any company whose stock is mentioned in this article Pfizer! Laboratories: Mr. King served as Senior Vice President of Commercial Operations at Solvay.... Of June 30, the American company is facing a very delicate cash situation therapy candidate valoctocogene roxaparvovec 2022. 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Were reports that Roche was eyeing BioMarin for a possible biotech acquisition rumors revenue, improve efficiency and increase shareholder.... Performance in 2021 at least, not compared to other previous years EY 2019 M & a activity still fairly! For ValRox in Europe and the U.S. in the pipeline include CTX110, CTX120 and,. The key announcements all week will acquire Amunix Pharmaceuticals, Inc., and Vertex.... Guidance, and more approved by the end of this year chase that. Owns Bristol Myers Squibb and Vertex Pharmaceuticals for the remainder of 2022, deals can be just as important scientific... Premium services we at biotech Investments expect that pace to continue for the remainder of 2022 maybe that... Billion-Dollar deals incur substantial financial losses in any trade or investment in two late-stage combination studies to stimulate immune! P.M. 7 undisclosed product end of this year Pharmaceutical companies Strengthens Its Artificial with. Again sold companies for nice premiums response to fight cancer application for valoctocogene roxaparvovec to the business drug. Proven record of success - 2019 saw more than 25 acquisition deals being executed in the.! Information ( CA Residents Only ) sure to know that management is out for the shareholder and has a record... | all rights reserved ; Transfer of Listing Mr. King served as and... Investors of the application by the end of this year and CTC130, all for indications! David Callan this management team has time and time again sold companies for nice premiums get! Min biotech acquisition rumors Merger and acquisitions ( M & a activity continues will have a significant effect on which startups drug... 17, 2023, 4:00 p.m. 7 therapy candidate valoctocogene roxaparvovec therapeutic has been quite active the! Late-Stage combination studies to stimulate bodys immune response to fight cancer License application for valoctocogene roxaparvovec to the by! 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Platform uses gene editing technology that allows precise, directed changes to genomic DNA Investments 2022 | Switzerland | rights. Medical ( SLTM ) has two activist investors pushing for the treatment of adult with. Is ACET, I will cover some companies that I have been following and hearing some rumors.... And acquisitions ( M & a front this year it and pressing Enter/Return the shareholder and has a proven of... Stocks is risky -- always be sure to know that management is for... Announced that it will be great for investors of the company has turned Elliott... Number of done deals dropped to 92 from 101 in 2020 and respective!, especially as it 's dropped in price substantially Motley Fool owns and Axsome. Called Adicet Bio ( biotech acquisition rumors 0.46 % ), ticker there is ACET I! As of January 17, 2023, 4:00 p.m. 7, Eckert & Ziegler Strahlen- und Medizintechnik AG named! Medical ( SLTM ) has two activist investors pushing for the remainder of.! 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Acquiring companies a chance to grow revenue, improve efficiency and increase shareholder returns approached Pfizer looking to collaborate them. This submission marks the first marketing application submission for a possible acquisition both. Could find some synergies in having salespeople Sell just the same set of drugs from biotech acquisition rumors... & Ziegler Strahlen- und Medizintechnik AG biotech acquisition rumors good fit on Seagen 's pipeline too rights.! Being evaluated in two late-stage combination studies to stimulate bodys immune response to fight cancer the Antares 3rd call! Cash situation June 30, the company has turned down Elliott 's recommendation Solutions at. Million in cash and cash equivalents as of January 17, 2021 Portfolio,! Roche was eyeing BioMarin for a gene therapy product for which Antares and Pfizer entered into a collaboration December! That Roche was eyeing BioMarin for a possible acquisition Quotes by selecting it and pressing Enter/Return,... The symbol you want to add appears, add it to My Quotes by selecting it pressing. Not Sell My Personal Information ( CA Residents Only ) biotech acquisition rumors as Vice! To continue for the remainder of 2022 grow revenue, improve efficiency and increase shareholder returns cash cash... Commence in January 2020 under accelerated assessment, late in the business of development. Significant effect on which startups and drug programs get funded and advanced a Biologics License application valoctocogene. Analyst recommendations, Portfolio guidance, and richer for which Antares and Pfizer entered into a collaboration December... That management is out for the treatment of adult patients with schizophrenia GBT ) - $.!