Pharma BD Deal Intelligence

AstraZeneca PLC / LogicBio Therapeutics Inc.

2022 · Acquisition/Merger · $70M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Sep 13, 2022 Fierce Biotech Bearish

LogicBio Therapeutics has voluntarily halted its SUNRISE gene-editing trial in pediatric methylmalonic acidemia after the death of a second patient, casting…

Oct 03, 2022 Fierce Biotech Neutral

AstraZeneca's rare disease unit Alexion is taking out cash-strapped gene therapy developer LogicBio Therapeutics in a $68 million deal that gives the U.K.…

Oct 04, 2022 GEN - Genetic Engineering & Biotechnology News Neutral

Alexion, AstraZeneca's Rare Disease unit, announced plans to acquire clinical-stage genomic medicines company LogicBio Therapeutics in a $68 million all-cash…

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

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Alexion (AstraZeneca Rare Disease) acquired LogicBio Therapeutics for $2.07/share (~$70M) via tender offer to gain LogicBio's GeneRide non-nuclease genome editing platform and rare-disease R&D team. Tender offer closed Nov 15, 2022; LogicBio became a wholly owned subsidiary Nov 16, 2022.

Key facts

Related deals — scored

DealYearValueOutcome
AstraZeneca PLC / LogicBio Therapeutics Inc. (this deal)2022$70M
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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