Bayer Agrees to Acquire Asklepios Biopharmaceutical for up to $4B; Closed
Executive Summary
Bayer AG and privately held clinical-stage gene therapy company Asklepios BioPharmaceutical (AskBio) announced an agreement under which Bayer will acquire AskBio. Closing of the transaction is contingent upon the receipt of certain regulatory approvals, and is expected to take place during Q4 2020.
Deal Industry
- Pharmaceuticals
- Services
-
Biotechnology
- Gene Therapy, Cell Therapy
-
Drug Discovery Tools
- Bioinformatics
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Includes Earnout
- Payment Includes Cash for Equity
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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