.
MergerLinks Header Logo

New Deal


Announced

Completed

Novo Nordisk completed the acquisition of Embark Biotech for €471m.

Financials

Edit Data
Transaction Value£404m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

biotech

Acquisition

Majority

Completed

Friendly

Denmark

Biotechnology

Domestic

Private

Single Bidder

Synopsis

Edit

Novo Nordisk, a global healthcare company, completed the acquisition of Embark Biotech, a Danish biotech company, for €471m. "Novo Nordisk has been engaged in obesity research for 25 years, and we continuously search for new ways to address this serious chronic disease. We are excited about the opportunity to advance Embark Biotech's lead program and look forward to co-creating novel treatments for cardiometabolic diseases with Embark Laboratories to complement our in-house R&D," Brian Finan, Novo Nordisk Vice President of Obesity Research.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US