The Medicines Company Acquires Incline Therapeutics for $185,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d2a83106-0505-4aab-9f2b-23b8685c5c31&Preview=1
Date
12/13/2012
Company Name
Incline Therapeutics
Mailing Address
900 Saginaw Dr. Redwood City, CA 94063
Company Description
Incline Therapeutics is a hospital-focused specialty pharmaceutical company focused on the development of IONSYS (fentanyl iontophoretic transdermal system). Incline is financed by leading life science venture capital firms and led by a management team with significant pharmaceutical and medical device industry experience.
Website
http://www.inclinethera.com
Transaction Type
M&A
Transaction Amount
$185,000,000
Transaction Round
Proceeds Purposes
M&A Terms
The Medicines Company has agreed to pay Incline $185 million in anupfront payment with additional payments if certain regulatory andcommercial milestones are met.