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Merck puts up $80mm to buy Abmaxis
May 2006
Executive Summary
Merck has agreed to pay $80mm in cash to acquire human monoclonal antibody therapeutics developer Abmaxis, which will now operate as a wholly owned subsidiary.
Deal Industry
-
Biotechnology
- Drug Discovery Tools
-
Large Molecule
- Antibodies
- In Vitro Diagnostics
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
- Acquisition of Private Biotech
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Merck puts up $80mm to buy Abmaxis
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