Celldex buys Kolltan for $62.5mm, plus earn-outs, in stock-for-stock deal
Celldex Therapeutics Inc. issued $62.5mm of its stock to acquire privately held Kolltan Pharmaceuticals Inc. (antibody therapies for cancer). Kolltan could also receive up to $172.5mm in earn-outs based on development, regulatory, and sales achievements.
- Large Molecule
- Acquisition of Private Biotech
- Full Acquisition
- Includes Contract
- Includes Earnout
- Intra-Biotech Deal
- Payment Includes Stock
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