In Vivo is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By


Deals in Depth: December 2008

Executive Summary

December 2008 dealmaking highlights: after losing GSK as a partner for XL184 and XL281, Exelixis ended up licensing the oncology compounds to BMS in the biggest alliance of December at a pre-commercial value of $850 million. J&J again topped the M&A list with its takeover of aesthetic devices company Mentor for $1.1 billion, but St. Jude Medical should get honorary mentioning as it made two big acquisitions--Radi and MediGuide--to add to its cardiovascular products. Financing in biopharma and device firms ended 2008 on a weak note, low in terms of both volume of deals and dollars raised. All December deals were private placements, with those done by public Rx companies slightly edging out the VC financing with 41% of the total. Device fund-raising, slightly up from last month to $113 million, saw the bulk of the money in early venture rounds.





Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts