Pharma BD Deal Intelligence
A $500M checkpoint-inhibitor bet that never produced a drug — MedImmune/AstraZeneca acquired Amplimmune in 2013 for $225M upfront plus up to $275M in milestones, but lead asset MEDI0680 was scrapped as monotherapy in 2018 and its lone combination trial showed no advantage over BMS's already-approved Opdivo.
Ranks computed across 828 graded deals (Critic + Outcome Score both present).
The deal strengthens AstraZeneca's cancer immunotherapy pipeline during Pascal Soriot's strategic R&D restructuring, adding AMP-514 anti-PD-1 and…
Maryland-based Amplimmune was acquired by MedImmune for up to $500M, validating the state's biotech ecosystem and the commercial pull of immuno-oncology…
MedImmune completed the Amplimmune acquisition for $225M upfront plus up to $275M in milestones, gaining AMP-514 (anti-PD-1) and a B7-pathway pipeline to…
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MedImmune (AstraZeneca) to acquire Amplimmune for $225M upfront + up to $275M dev milestones (total $500M); strengthened immune-mediated cancer therapy portfolio with anti-PD-1 mAb AMP-514 and B7-family programs.
Assessment window: 5yr post-close.
Immuno-oncology agents block immune checkpoints (PD-1, PD-L1, CTLA-4) and unleash T-cell anti-tumor activity. By 2013, the field was transitioning from CTLA-4 (ipilimumab) to anti-PD-1 antibodies, with multiple companies racing to build complete checkpoint pipelines.
When AstraZeneca/MedImmune acquired Amplimmune in August 2013, the anti-PD-1/PD-L1 race was crowded but still pre-approval: BMS's nivolumab (Opdivo) and Merck's pembrolizumab (Keytruda) led, with Roche's atezolizumab and AstraZeneca's own MEDI4736 (later durvalumab) close behind. AstraZeneca already had MEDI4736 (anti-PD-L1) and tremelimumab (anti-CTLA-4); the Amplimmune buy added AMP-514 (anti-PD-1 mAb, later MEDI0680), AMP-224 (B7-DC Fc fusion), AMP-110 and other B7-pathway preclinical assets, completing the checkpoint matrix per Drug Discovery News. Analyst reception was mixed-to-positive: Zacks viewed it as strategically sound given AstraZeneca's existing IO assets, while Seeking Alpha cautioned it offered 'no quick fixes' to revenue headwinds. AMP-514/MEDI0680 advanced to Phase 2 (kidney cancer, melanoma) but AstraZeneca discontinued the monotherapy program in February 2018, redirecting checkpoint efforts to durvalumab (Imfinzi). The deal is generally viewed as a defensive but ultimately commercially modest entry into PD-1.
| Deal | Year | Value | Outcome |
|---|---|---|---|
| AstraZeneca PLC / Amplimmune Inc. (this deal) | 2013 | $500M | 21 |
| AstraZeneca PLC / Daiichi Sankyo Company, Limited | 2019 | $6.9B | 100 |
| AstraZeneca PLC / KuDOS Pharmaceuticals Limited | 2005 | $210M | 98 |
| AstraZeneca PLC / Alexion Pharmaceuticals Inc. | 2020 | $39.0B | 86 |
| AstraZeneca PLC / Acerta Pharma | 2015 | $4.0B | 86 |
| AstraZeneca PLC / Amgen Inc. | 2020 | $2.3B | 84 |
| AstraZeneca PLC / MedImmune Inc. | 2007 | $15.6B | 82 |
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