Pharma BD Deal Intelligence

Amgen Inc. / Micromet Inc.

2012 · Acquisition/Merger · $1.2B · Complete

CALLED IT — OFF BY 7
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The coverage arc

Jan 26, 2012 AZBio Neutral

Amgen to acquire Micromet, adding blinatumomab and the BiTE bispecific antibody platform to its oncology pipeline through a tender offer at $11 per share.

Jan 26, 2012 Micromet Inc. Form SC 14D9-C Bullish

Micromet board recommends the $11.00 per share all-cash tender offer from Amgen, representing a premium for shareholders and providing resources to advance the…

Dec 03, 2014 Wikipedia (synthesis of FDA/Amgen filings) Bullish

FDA granted accelerated approval to blinatumomab in December 2014 for Ph-negative R/R B-ALL, less than three years after Amgen's $1.16B acquisition of…

Source summaries from our enrichment pipeline; follow links for originals.

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Amgen tender offer at $11/share cash for Micromet, valuing the company at approximately $1.16B. Acquisition delivered the BiTE bispecific antibody platform and lead asset blinatumomab in Phase 2 for relapsed/refractory ALL.

Did it work? Outcome assessment

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Achieved Stated Rationale
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Accretive
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Key facts

Related deals — scored

DealYearValueOutcome
Amgen Inc. / Micromet Inc. (this deal)2012$1.2B88
Amgen Inc. / Immunex Corporation2002$16.0B92
Amgen Inc. / Immunex Corporation2001$16.0B91
Amgen Inc. / Five Prime Therapeutics2021$1.9B78
Amgen Inc. / Horizon Therapeutics plc2022$27.8B72
Amgen Inc. / Otezla (from Celgene/BMS)2019$13.4B68
Amgen Inc. / BeiGene Ltd.2020$2.8B68

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