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New Deal


Announced

AstraZeneca to acquire LaNova Medicines.

Financials

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

Sources

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Tags

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Pending

Majority

Single Bidder

China

pharmaceutical

Pharmaceuticals

Friendly

Acquisition

Cross Border

Private

Synopsis

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AstraZeneca, a pharmaceutical company, agreed to acquire LaNova Medicines, a clinical-stage innovative drug research and development company. Financial terms were not disclosed. “LaNova Medicines has a strong focus on discovering and developing innovative medicines in the ADC and immuno-oncology fields. We’re excited to reach this agreement with AstraZeneca," Crystal Qin, LaNova Medicines Founder, Chair and CEO.

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