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NPS / Enzon merger: withdrawn

Executive Summary

NPS Pharmaceuticals (developing metabolic and CNS drugs) and Enzon (polyethylene glycol--PEG--delivery systems for specialty pharmaceuticals) will swap shares in a merger of equals that values Enzon at about $713mm. The new company plans to take advantage of Enzon's marketed products and infrastructure and NPS's research pipeline.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
Deal Status
  • Withdrawn
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Intra-Biotech Deal
    • Payment Includes Stock

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