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New Deal


Announced

Novo Nordisk to acquire Inversago Pharma for $1bn.

Financials

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Transaction Value£843m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

Biotechnology

clinical stage biotechnology

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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Novo Nordisk, a global healthcare company, agreed to acquire Inversago Pharma, a privately owned, clinical stage company, for $1bn. “The acquisition of Inversago Pharma will further strengthen our clinical development pipeline in obesity and related disorders. This promising class of medicine pioneered by the Inversago team could lead to life-changing new treatment options for those living with a serious chronic disease and, in particular, may offer alternative or complementary solutions for people living with obesity,” Martin Holst Lange, Novo Nordisk Executive Vice President.

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