Pharma BD Deal Intelligence

Astellas Pharma Inc. / Maxygen, Inc. (Perseid Therapeutics stake)

2011 · Acquisition/Merger · $76M · Complete

WRONG BY 72 POINTS
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Ranks computed across 828 graded deals (Critic + Outcome Score both present).

The coverage arc

Mar 17, 2011 Astellas Pharma (via Fierce Biotech) Bullish

This exercise of the buy-out option will contribute to reinforcing the drug discovery and research platform for biologics as well as enriching pipeline in…

Mar 18, 2011 Genetic Engineering & Biotechnology News Bullish

MAXY-4 was positioned as offering 'an improved therapeutic profile' vs BMS's Orencia and belatacept, and the buyout signals Astellas's confidence in the…

May 17, 2011 BioSpace (joint completion release) Neutral

Astellas has completed its purchase of all of Maxygen's equity interests in Perseid Therapeutics LLC for $76.0 million in cash.

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

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Astellas exercised its option to acquire Maxygen's stake in JV Perseid Therapeutics for $76M, taking full control of the protein-engineering platform and pipeline candidates. Below the typical $250M threshold but strategically notable for protein engineering consolidation.

Did it work? Outcome assessment

Strategic verdict
Failed to Achieve
Financial impact
Impaired/Written Down
Pipeline outcome
Assets Terminated

Key facts

Related deals — scored

DealYearValueOutcome
Astellas Pharma Inc. / Maxygen, Inc. (Perseid Therapeutics stake) (this deal)2011$76M11
Astellas Pharma Inc. / Seagen Inc.2009$4.5B95
Astellas Pharma Inc. / Ganymed Pharmaceuticals2016$1.4B81
Astellas Pharma Inc. / Sangamo Therapeutics, Inc.2026$50M63
Astellas Pharma Inc. / Ogeda SA2017$850M59
Astellas Pharma Inc. / Ocata Therapeutics, Inc.2015$379M41
Astellas Pharma Inc. / Optimer Pharmaceuticals, Inc.2012$90M38

Compare all 7 side-by-side →

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