Takeda Pharmaceuticals Acquires Inviragen for $250,000,000
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ad94fae-3089-4f39-be9c-2148fe9a3426&Preview=1
Date 5/8/2013
Company Name Inviragen
Mailing Address 1613 Prospect Pkwy. Fort Collins, CO 80525
Company Description Inviragen, Inc. is committed to developing safe, effective vaccines to address this need. Inviragen is focused on developing life-saving vaccines to protect against emerging infectious diseases worldwide.
M&A Terms Takeda America Holdings, Inc., and Inviragen, Inc. have entered into a definitive agreement for Takeda to acquire Inviragen for an upfront payment of US$35 million, and future payments of up to US$215 million linked to the progress of clinical development and achievement of key commercial milestones.