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Alexion Pharma takes over Taligen for $111mm up front

Executive Summary

Rare disease drug company Alexion Pharmaceuticals Inc. is paying $111mm in cash up front for privately held Taligen Therapeutics Inc. (inflammatory diseases). Shareholders of the acquired firm are also eligible for $367mm in earn-outs tied to clinical efficacy and approval milestones in the US and EU for up to six Taligen drug candidates.
Deal Industry
  • Biotechnology
    • Large Molecule
      • Antibodies
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Includes Contract
    • Acquisition of Private Biotech
    • Intra-Biotech Deal
    • Includes Earnout
    • Payment Includes Cash
    • Full Acquisition

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