Astellas agreed to acquire OSI Pharmaceuticals for $57.50/share cash, totaling ~$4.0B. Closed June 9, 2010, providing Astellas a U.S. oncology platform anchored by Tarceva.
Did it work? Outcome assessment
Strategic verdict
Partially Achieved
Financial impact
Neutral
Pipeline outcome
Mixed
Assessment window: 10yr post-close.
Key facts
AnnouncedMay 16, 2010
ClosedJun 09, 2010
Deal value$4.0B
Deal typeAcquisition/Merger
Therapeutic areaNon-small cell lung cancer; pancreatic cancer
IndicationsNon-small cell lung cancer; pancreatic cancer