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New Deal


Announced

Completed

AstraZeneca completed the acquisition of Icosavax for $1.1bn.

Financials

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Transaction Value£876m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium43%
One Off Charge-

Tags

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United States

infectious diseases

advancing vaccines

Medical Services

Single Bidder

Friendly

Acquisition

Cross Border

Majority

Tender Offer

Public

Completed

Synopsis

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AstraZeneca, a global, science-led biopharmaceutical company, completed the acquisition of Icosavax, a biopharmaceutical company leveraging its innovative VLP platform technology to develop vaccines against infectious diseases, for $1.1bn. “We are pleased to announce the proposed acquisition of Icosavax by AstraZeneca as we believe it offers the opportunity to accelerate, and expand access to, our potential first-in-class combination vaccine for older adults at risk from RSV and hMPV. We look forward to combining our skills and expertise in advancing the development of IVX-A12, with AstraZeneca’s decades of experience in RSV, resources, and capabilities in late-stage development,” Adam Simpson, Icosavax Chief Executive Officer.

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