Pharma BD Deal Intelligence

Astellas Pharma Inc. / Potenza Therapeutics, Inc.

2019 · Acquisition/Merger · $405M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Dec 13, 2018 Astellas Pharma announcement (PR Newswire) Bullish

Astellas exercised its option to acquire Potenza for $164.6m upfront plus up to $240.1m in milestones (~$405m), adding three clinical-stage immuno-oncology…

Dec 17, 2018 pharmaphorum Neutral

Astellas paid $164.6M upfront plus up to $240.1M in milestones for full Potenza ownership, gaining three IO candidates positioned for combinations with…

Oct 29, 2020 Fierce Biotech Bearish

Astellas terminated ASP8374 after the Phase 1 study failed to meet criteria to continue, marking the first major writedown from the Potenza acquisition.

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

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Astellas Pharma acquired the remaining outstanding shares of immuno-oncology partner Potenza Therapeutics for ~$165M upfront plus up to $240M in contingent milestones (~$405M total). Strengthens Astellas' immuno-oncology pipeline including TIGIT and GITR antibodies.

Key facts

Related deals — scored

DealYearValueOutcome
Astellas Pharma Inc. / Potenza Therapeutics, Inc. (this deal)2019$405M
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

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