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AstraZeneca PLC / CinCor Pharma Inc.

2023 · Acquisition/Merger · $1.8B · Complete

CALLED IT — OFF BY 14
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The coverage arc

Jan 25, 2004 Wikipedia Neutral

AstraZeneca acquired CinCor Pharma for $1.8B for hypertension treatment.

Jan 09, 2023 AstraZeneca Bullish

AstraZeneca to acquire CinCor Pharma to strengthen cardiorenal pipeline with baxdrostat.

Jan 09, 2023 GlobeNewswire Bullish

CinCor Pharma to be acquired by AstraZeneca for $26/share upfront plus $10 CVR totaling approximately $1.8 billion.

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AstraZeneca acquired CinCor Pharma in February 2023 for approximately $1.8 billion ($26.00/share upfront plus a $10.00/share contingent value right) to add baxdrostat, a first-in-class oral aldosterone synthase inhibitor, to its cardiorenal pipeline. The thesis was validated post-close: the pivotal BaxHTN Phase III trial met its primary endpoint (the 2 mg dose lowered seated systolic blood pressure by 15.7 mmHg from baseline and 9.8 mmHg vs placebo at 12 weeks), the data were published in NEJM and presented at ESC 2025, the US NDA was accepted under Priority Review on 2 December 2025, and on 18 May 2026 the FDA approved baxdrostat as BAXFENDY -- the first aldosterone synthase inhibitor for adults with hypertension inadequately controlled on other antihypertensives.

Key facts

Related deals — scored

DealYearValueOutcome
AstraZeneca PLC / CinCor Pharma Inc. (this deal)2023$1.8B78
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

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