.
MergerLinks Header Logo

New Deal


Announced

Completed

Rocket Pharmaceuticals completed the acquisition of Renovacor for $53m.

Financials

Edit Data
Transaction Value£46m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Public

Friendly

Majority

Medical Services

cardiovascular diseases treatment

Acquisition

biopharmaceuticals

United States

Domestic

Completed

Synopsis

Edit

Rocket Pharmaceuticals, a late-stage, clinical biotechnology company, completed the acquisition of Renovacor, a biotechnology company focused on delivering innovative precision therapies to improve the lives of patients and families battling genetically-driven cardiovascular and mechanistically-related diseases, for $53m. "The acquisition of Renovacor aligns with our strategy to expand our leadership position in AAV-based gene therapy for cardiac disease and gives us a perfect opportunity to continue on our mission to transform the lives of heart failure patients through the power of gene therapy," Gaurav Shah, Rocket CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US