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New Deal


Announced

Completed

XOMA completed the acquisition of Kinnate Biopharma for $122m.

Financials

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Transaction Value£97m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

biotechnology

Biotechnology

biopharma

therapeutics

Public

Friendly

Acquisition

Domestic

Majority

Single Bidder

Completed

Synopsis

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XOMA, a biotechnology royalty aggregator, completed the acquisition of Kinnate Biopharma, a clinical-stage precision oncology company, for $122m. Kinnate Biopharma is a clinical-stage precision oncology company founded with a mission to inspire hope in those battling cancer by expanding on the promise of targeted therapies.

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