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New Deal


Announced

Sanofi to acquire 7.764% in Translate Bio for $125m.

Financials

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Transaction Value£94m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Health Care Services

Pending

Acquisition

Friendly

therapeutics

Private

Single Bidder

United States

Pharmaceuticals

Cross Border

transformative medicines

Minority

Synopsis

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Sanofi to acquire 7.764% in Translate Bio, a clinical-stage messenger RNA (mRNA) therapeutics company, for $125m. "As all eyes are on prevention of infectious disease through vaccines, this is a pointed moment in time where we are called upon to seek innovative ways to protect public health. We are excited by the novel technology and expertise Translate Bio brings, and we believe that adding this mRNA platform to our vaccines development capabilities will help us advance prevention against current and future infectious diseases," Thomas Triomphe, Sanofi Pasteur Executive Vice President.

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