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New Deal


Announced

Substipharm to acquire IMOJEV from Sanofi.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pharmaceuticals

Acquisition

Domestic

Friendly

Majority

vaccine development

France

Pending

Private

Single Bidder

Synopsis

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Substipharm, a privately held pharmaceutical group, agreed to acquire IMOJEV, a Japanese encephalitis vaccine, from Sanofi, a French multinational pharmaceutical company. Financial terms were not disclosed. “This acquisition provides a massive breakthrough for Substipharm entering a new therapeutic area and reaching new geographies across Asia Pacific. Prevention is a strategic focus for our company, and we aspire to be a recognized partner for vaccines in the long term. This vaccine protects people and saves lives against a disease for which there is currently no curative treatment. With IMOJEV®, Substipharm is taking another step forward to support its rapid growth pattern outside Europe," Leopold Berthier, Substipharm CEO.

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