Pharma BD Deal Intelligence

Amgen Inc. / Rodeo Therapeutics Corporation

2021 · Acquisition/Merger · $721M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jun 12, 2015 Science — Zhang et al. 15-PGDH inhibition Bullish

Pharmacologic inhibition of 15-prostaglandin dehydrogenase (15-PGDH) increases tissue prostaglandin E2 and accelerates tissue regeneration in multiple organs,…

Mar 30, 2021 STAT News Neutral

Amgen will acquire Rodeo Therapeutics in a deal worth up to $721 million, picking up a Seattle-based biotech and its preclinical 15-PGDH inhibitor program. The…

Jan 15, 2022 Crohn's & Colitis Foundation Neutral

Inflammatory bowel disease (IBD) affects approximately 1.6 million Americans, including approximately 900,000 with ulcerative colitis and 780,000 with Crohn's…

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

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Amgen acquired Seattle-based Rodeo Therapeutics for a $55M upfront payment plus up to $666M in contingent milestone payments (total ~$721M). Rodeo's 15-PGDH program complements Amgen's inflammation portfolio and offers potential applications in tissue regeneration, colitis and IPF.

Key facts

Related deals — scored

DealYearValueOutcome
Amgen Inc. / Rodeo Therapeutics Corporation (this deal)2021$721M
Amgen Inc. / Immunex Corporation2002$16.0B92
Amgen Inc. / Immunex Corporation2001$16.0B91
Amgen Inc. / Micromet Inc.2012$1.2B88
Amgen Inc. / Five Prime Therapeutics2021$1.9B78
Amgen Inc. / Horizon Therapeutics plc2022$27.8B72
Amgen Inc. / Otezla (from Celgene/BMS)2019$13.4B68

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