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New Deal


Announced

Boehringer Ingelheim to acquire T3 Pharmaceuticals for $509m.

Financials

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Transaction Value£406m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Majority

Private

Pending

Single Bidder

biotechnology research

Switzerland

Biotechnology

Acquisition

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Synopsis

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Boehringer Ingelheim, an animal health care services provider, agreed to acquire T3 Pharmaceuticals, a clinical stage biotech company, for $509m. “The acquisition of T3 Pharma will significantly expand our immuno-oncology pipeline portfolio and is synergistic with many of our existing R&D programs. This will bring us closer to achieving our vision of driving a paradigm shift in cancer care treatments,” Michel Pairet, Boehringer Ingelheim Member of the Board of Managing Directors.

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