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New Deal


Announced

Novo Nordisk to acquire Forma Therapeutics for $1.1bn.

Financials

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Transaction Value£944m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium92%
One Off Charge-

Tags

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Acquisition

Public

Cross Border

Single Bidder

biopharmaceutical company

Biotechnology

treatment development

Friendly

United States

Majority

Pending

Synopsis

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Novo Nordisk, a Danish multinational pharmaceutical company, agreed to acquire Forma Therapeutics, a clinical-stage biopharmaceutical company focused on transforming the lives of patients with sickle cell disease and rare blood disorders, for $1.1bn. "Today’s announcement is an exciting milestone that accelerates Forma’s purpose to transform the lives of patients with sickle cell disease and other serious hematological diseases. Novo Nordisk will partner closely with the sickle cell community to amplify our impact for patients around the world who urgently need new treatment options. We look forward to working together with Novo Nordisk to serve as a trusted partner to our communities and to advance innovation, access and health equity for patients," Frank D. Lee, Forma President and CEO.

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