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New Deal


Announced

Completed

Merck completed the acquisition of Harpoon Therapeutics for $680m.

Financials

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Transaction Value£534m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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biotech company

Biotechnology

United States

Acquisition

Domestic

Majority

Single Bidder

Friendly

Public

Completed

Synopsis

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Merck, a pharmaceutical company, completed the acquisition of Harpoon Therapeutics, a biotech company, for $680m. “At Harpoon, we have always been committed to advancing our cancer immunotherapy candidates to improve the lives of patients. With Merck’s recognized leadership in oncology clinical development and global commercial footprint, our lead candidate, HPN328, is well positioned moving forward,” Julie Eastland, Harpoon Therapeutics President and CEO.

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