
Shire buys Dyax for $5.5bn
Executive Summary
Shire PLC paid $5.5bn ($37.30 per share; a 36% premium) in cash to acquire Dyax Corp. Dyax shareholders may also receive a non-tradable contingent value right that will pay $4.00 in cash per share--about $646mm in total--upon approval (prior to the end of 2019) of its Phase III-ready plasma kallikrein (pKal) inhibitor DX2930 (lanadelumab) for prevention of Types 1 and 2 hereditary angioedema (HAE).
Deal Industry
- Pharmaceuticals
-
Biotechnology
-
Large Molecule
- Antibodies
-
Drug Discovery Tools
- Molecular Diversity
-
Large Molecule
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Includes Earnout
- Payment Includes Cash
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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