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DewDiligence

01/22/13 8:54 PM

#155689 RE: DewDiligence #146664

Biotech-Partnership Buyouts

[Updated for AGN-MAPP.]


Many drug/biotech partnerships eventually result in buyout offers;
here are a few examples in descending order of buyout premium:

Roche-MEMY 319%
PFE -COLY 167%
PFE -ICGN 150%
LLY -SGXP 119%
PFE -ENCY 118%
GSK -HGSI 99%
NVS -Spdel 94%
BMY -MEDX 90%
BMY -ZGEN 84%
BIIB -FACT 64% (outbid by ABT)
AGN -MAPP 60%
JNJ -CRXL 58%
LLY -ICOS 54%
AMGN -ABGX 54%
BMY -IMCL 51% (outbid by LLY)
MRK -SGP 34%
AMGN -MITI 33%

Who will be next?