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BMS takes over antibody platform company Medarex for $2bn
Jul 2009
Executive Summary
In its first major acquisition since losing its bid for ImClone to Lilly in October 2008, Bristol-Myers Squibb is gaining full ownership of public antibody drug discovery company Medarex for approximately $2bn in cash.
Deal Industry
-
Biotechnology
-
Large Molecule
- Antibodies
-
Large Molecule
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Includes Contract
- Payment Includes Cash
- Partial Acquisition
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BMS takes over antibody platform company Medarex for $2bn
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