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It's in phase 1, so we don't really know how well it works yet. Sold Pharsight Corporation to Tripos International: Mr. Rosen served on the Board of Directors of Pharsight Corporation. In August 2019, rumor mills were abuzz with the news that Alexion Pharma may be up for sale after Intereconomia.com reported that "the acquisition of Alexion by Amgen could take place in the next few days, and that the price per share would be around $200", citing people familiar with the matter. Biogen and Gilead Sciences would also do well to make some M&A deals this year. Oncology and gene therapy were the subjects of acquisitions this year. It has three FDA-approved therapies in Exondys 51, Vyondys 53 and Amondys 45, all of which are used to treat Duchenne muscular dystrophy (DMD). 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. Hunzinger said: Biotech and smaller medical device deals should continue in the first half of the year, with the second half poised for larger deals driven by a need for scale and an expected settling of the regulatory landscape.. In January of this year, rumors began to circulate that Pfizer (PFE) might be interested in acquiring Amarin. Cash position at the end of the fiscal year was at $1.52 billion. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. These biopharma companies could end up as attractive buyout targets in 2022. INCY has gained 43% year-to-date and trades around $91. Please. The other candidates in the pipeline include CTX110, CTX120 and CTC130, all for immuno-oncology indications. Any you had ideas about? Two exceptions: Amgen's $13.4 billion acquisition of the psoriasis medicine Otezla and Novartis' $3.4 billion acquisition of the dry eye drug Xiidra, which are included for their notable size and importance to the acquirer. One of the hot topics in the biopharmaceutical world are mergers & acquisitions (M&A). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. In September, the rumor mill kept its employees working overtime by reporting that international pharmaceutical juggeraut Roche ( RHHBY -1.10%) was trying to arrange $15 billion in financing to. product. Bristol-Myers Squibb (BMY) acquiring Celgene for $74 billion in January remains the most expensive acquisition of this year. That's right -- they think these 10 stocks are even better buys. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. That's the downside there. To help, we've provided a guide detailing how to prepare if your company is being acquired. But TIGIT's an immune checkpoint inhibitor, so I think that would pair potentially quite nicely with Bristol-Myers Squibb's Opdivo. 8. The Company submitted a Marketing Authorization Application to the. This conference call is no longer online, but the Antares 3rd quarter 2012 earnings call is. In some instances, such as the purchase of a private biotech, data for each category either wasn't applicable or wasn't readily available. BioNTech Strengthens Its Artificial Intelligence With Acquisition Of British . Analysts, on average, predict over 75% upside for Crispr shares. There's some people who say that they're disappointed because a company got taken out because they'd rather own the company and profit from the growth of that company individually. 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. 5. One of the catalysts that could work in its favor is deal optimism. One of those stocks was. While oncology and immuno-oncology are the key areas of focus, treatments for rare diseases and gene-editing companies also promise potential, making them lucrative investment areas. The rumor involved Pfizer (PFE) being the acquirer. ALNY also has a deep pipeline with six product candidates in late-stage development. If there's anything we've missed, or any additional information you'd like to see, please reach out and let us know. To read this article on Zacks.com click here. At an undervalued current market cap of around $454M, I can see why a larger company would be interested in AcelRx. Mergers and acquisitions occur frequently in the biopharmaceutical industry. The company is leading the translation of RNA interference (RNAi) to develop treatments for rare genetic, cardio-metabolic, hepatic infectious and central nervous system/ocular diseases. 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). 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. It seems to me that the rumors I have heard are true, and Pfizer could be acquiring Antares soon, most likely after its upcoming October 14th FDA PDUFA approval date for Otrexup. Equipped with a Bachelors degree in Agriculture and an MBA with specialization in finance and marketing, she has about two decades of experience in financial reporting and analysis, and specializes in the biopharma and EV sectors. They also have a partnership for some pre-clinical products, which I think if Vertex made the acquisition, it could accelerate that and put that as a higher priority. Some have merit and turn out to be true, while others turn out to be false and without merit. He has 7 years of experience investing and trading biotechnology focused equities with a specialty in identifying under-appreciated value in small caps. The Company submitted a Marketing Authorization Application to the European Medicines Agency for its investigational gene therapy, Valoctocogene roxaparvovec, for adults with severe hemophilia A, as recently as last month. Vertex and Regeneron would be the most likely to acquire their CRISPR-focused biotech partners. BMRN briefly touched $100.13 on February 5, 2019. I think that would potentially drive sales of Opdivo. Pharma giant Pfizer recently. 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 . 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. 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. Want to Get Richer? In the 3rd quarter call, Jack Howarth stated that Antares approached Pfizer looking to collaborate with them. Speights: Now, Brian, I'm going to agree with you on every point you just made. While 2022 started rather quiet as it pertains to M&A, the second quarter was one of the busiest three-month periods for acquisitions in recent years. Pharma giant Pfizer recently announced that it will acquire Arena. Scott uses his ability to read situations, emotion, charts, times and sales, historical data, and macroeconomic and other market forces to predict stock price movements, in both short and longer terms situations.. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Today, I will cover some companies that I have been following and hearing some rumors on. Dan Cohen is a partner at stockmatusow and entrepreneur in the fields of nanotechnology, medical diagnostics, and energy storage. While an attractive pipeline candidate is a key lure for these companies, cost synergies in research and development are an added benefit as quite a few smaller biotech companies are using innovative technologies to develop drugs and treatments. Considering its massive potential, Axsome Therapeutics it is likely to be ranked high on the shopping list of many large pharmaceutical companies for possible acquisition. In December 2019, Intra-Cellulars first drug named CAPLYTA was approved by the FDA for the treatment of adult patients with schizophrenia. Calyxt, Inc. (Nasdaq: CLXT), a plant-based synthetic biology company, and Cibus, a leader in precision gene editing in agriculture, today announced that both companies have entered into a definitive merger agreement under which Calyxt and Cibus will merge in an all-stock transaction. Whether M&A activity continues will have a significant effect on which startups and drug programs get funded and advanced. I own Vertex so I certainly don't want Vertex overpaying for CRISPR Therapeutics. 3. ALXN is down 22% from its all-time high of $141.86, recorded on April 10, 2019, and trades around $110. Over the last few years, pharmaceutical M&A hit record highs as larger companies turned again and again to young biotechs for innovation. 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. *Stock Advisor returns as of September 17, 2021. 2023 InvestorPlace Media, LLC. We believe the above track record is very telling about the future of AcelRx, and leads further validity to the rumors we have been hearing regarding a possible acquisition of the company. "Human natural killer cell" [Micrograph]. Merger and acquisition activity has been rather slow in the biopharma industry so far this year. The report, out from financial news wire Bloomberg, said the California biotech "is exploring a sale and has held preliminary talks with potential buyers, according to people familiar with the matter." For this story, BioPharma Dive looked only at companies developing human medicines. This year has seen a modest rebound after a slow start, and analysts believe a further resurgence is likely. As well Dan has 5 years trading futures, specializing in E-minis and Treasury products. Just recently, Bayer bought out Conceptus for $1.1B. This biotechnology company, which operates in hemophilia and ultra-orphan disease drug space, has seven approved treatments, a strong pipeline, and steadily growing revenue. That may differ from the Motley Fools Premium Investing Services 2019, first! Incy has gained 43 % year-to-date and trades around $ 91 of.! Startups and drug programs biotech acquisition rumors funded and advanced and acquisition activity has been rather slow in the biopharmaceutical world mergers... Article are those of the hot topics in the fields of nanotechnology medical! Immune checkpoint inhibitor, so we do n't really know how well works! 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