Merck KGaA, Darmstadt, Germany Buys SpringWorks Therapeutics
Merck KGaA, Darmstadt, Germany announced that it is acquiring SpringWorks Therapeutics, a Stamford, Connecticut-based commercial-stage biopharmaceutical company focused on severe rare diseases and cancer. The transaction is expected to close in the second half of 2025. SpringWorks is developed and commercializing OGSIVEO® (nirogacestat) as the first and only FDA-approved medicine for adults with desmoid tumors and GOMEKLI™ (mirdametinib) as the first and only FDA-approved medicine for both adults and children with neurofibromatosis type 1 associated plexiform neurofibromas. It is also advancing a diverse portfolio of novel targeted therapy product candidates for patients with both solid... Read More »
Gate Neurosciences Acquires Boost Neuroscience
Gate Neurosciences announced on February 18 that it acquired Boost Neuroscience for an undisclosed price. The seller was Catalio Capital Management, an investment management firm based in New York City. Boost Neuroscience is a “stealth” biotechnology company focused on the discovery and development of novel synaptogenic targets and therapies. It was spun out of the Stanford University lab of Dr. Thomas Südhof, MD. The company, while owned by Catalio Capital Management, developed a proprietary platform that models neuronal network circuits using human iPSC cells to gain unparalleled insights into how molecules impact neuronal networks, synaptogenesis, synaptic function and... Read More »
Takara Bio USA Holdings Acquires Curio Bioscience
On January 15, Takara Bio USA Holdings Inc., a wholly owned subsidiary of Takara Bio Inc., announced that it acquired Curio Bioscience. Curio Bioscience is a biotechnology company that is advancing a new generation of high-precision tools for the life sciences industry. The company has developed spatial biology capabilities to map the whole transcriptome at high resolution using existing sequencing workflows and instrumentation. Takara Bio USA Holdings Inc. manufactures and distributes kits, reagents and instruments for the life sciences, including next-generation sequencing, gene delivery, genome editing, stem cell research, nucleic acid and protein purification and... Read More »
2025 Kicks off With Several Big Biopharma Deals
With the JP Morgan 43rd Annual Healthcare Conference underway in San Francisco this week, the Biotechnology and Pharmaceutical (Biopharma) sectors are seeing a flurry of activity. Many large-scale acquisitions and licensing agreements are being announced, setting the tone for an eventful year ahead in the industry. So far this year, 14 Biopharma deals have been announced (as of January 15, 2025). Deal values have reached $15.7 billion, a significant increase from the same period in recent years. During the same time frame in 2024, there were also 14 Biopharma deals announced, but their combined value was just $4 billion. Looking back to 2023, the first two weeks saw 17 Biopharma deals, but... Read More »
Cube Biotech Acquires IBA Lifesciences
Cube Biotech, a portfolio company of private equity firm Archimed, announced on January 14 that it entered into an agreement to acquire IBA Lifesciences. IBA Lifesciences is a biotechnology company providing products and custom specific services for life science applications in academia and industry worldwide. It is based in Goettingen, Germany and was founded in 1996. Backed by Archimed since 2021, Cube Biotech is a biotechnology company based in Monheim, Germany. It is a provider of solutions for protein purification, stabilization and structural studies. The combination of the two companies will leverage their complementary strengths to deliver solutions in protein... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
