Pharma BD Deal Intelligence

AstraZeneca PLC / Ardea Biosciences, Inc.

2012 · Acquisition/Merger · $1.3B · Complete

WRONG BY 57 POINTS
Full analysis, sources & comparables →

The coverage arc

Apr 23, 2012 Ardea Biosciences 8-K (AstraZeneca acquisition press release) Bullish

AstraZeneca to acquire Ardea for $32 per share, $1.26 billion, a 54% premium to the prior close; lead product lesinurad is in Phase III for chronic management…

Apr 23, 2012 Pharmafile Bullish

AZ CEO David Brennan called the lesinurad Phase III programme 'an excellent opportunity to leverage AstraZeneca's global specialty and primary care sales…

Jun 19, 2012 BioSpace Neutral

AstraZeneca PLC completes acquisition of Ardea Biosciences, finalizing the $1.26 billion deal that adds the Phase III gout candidate lesinurad to AstraZeneca's…

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

All 7 sources with sentiment breakdown →

AstraZeneca acquired Ardea Biosciences at $32/share cash, total ~$1.26B (50% premium to 1-month VWAP). Added Phase 3 lesinurad for gout plus next-gen URAT1 inhibitor RDEA3170 (Phase 1).

Did it work? Outcome assessment

Strategic verdict
Failed to Achieve
Financial impact
Dilutive
Pipeline outcome
Assets Advanced

Key facts

Related deals — scored

DealYearValueOutcome
AstraZeneca PLC / Ardea Biosciences, Inc. (this deal)2012$1.3B22
AstraZeneca PLC / Daiichi Sankyo Company, Limited2019$6.9B100
AstraZeneca PLC / KuDOS Pharmaceuticals Limited2005$210M98
AstraZeneca PLC / Alexion Pharmaceuticals Inc.2020$39.0B86
AstraZeneca PLC / Acerta Pharma2015$4.0B86
AstraZeneca PLC / Amgen Inc.2020$2.3B84
AstraZeneca PLC / MedImmune Inc.2007$15.6B82

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →