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New Deal


Announced

Completed

Sanofi completed the $30m investment in MeiraGTx.

Financials

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Transaction Value£24m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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research programs

Biotechnology

Acquisition

Public

gene therapy

Cross Border

Completed

Friendly

Single Bidder

clinical development

United States

Minority

Synopsis

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Sanofi, a French multinational pharmaceutical company, completed the $30m investment in MeiraGTx, a vertically integrated, clinical-stage gene therapy company. “We are very pleased with this first strategic investment from Sanofi. We view Sanofi’s interest in our Riboswitch gene regulation technology and our clinical Xerostomia program as further validation of the broad potential of our vertically integrated platform and we are excited to work with Sanofi as we advance these programs,” Alexandria Forbes, MeiraGTx President and CEO.

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