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Exelixis acquires X-Ceptor Therapeutics for cash and stock

Executive Summary

In a deal valued at about $24mm, genomics company Exelixis is acquiring all the outstanding stock (fully diluted) of privately held X-Ceptor Therapeutics (develops small-molecule modulators of nuclear hormone receptors--NHRs) for about $2.9mm in cash and 2.5mm of its common shares (valued at $8.43 apiece).
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Intra-Biotech Deal
    • Payment Includes Cash
    • Payment Includes Stock

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