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Bausch initiates stalking horse bid process for Synergy Pharma; deal completed
Executive Summary
Concurrent with filing for Chapter 11, Synergy Pharmaceuticals Inc. signed a definitive agreement under a court-supervised stalking horse bid process to sell substantially all its assets, including all rights to Trulance (plecanatide), to Bausch Health Companies Inc. for $200mm in cash
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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