Pharma BD Deal Intelligence

AstraZeneca PLC / Pearl Therapeutics Inc.

2013 · Acquisition/Merger · $1.1B · Complete

WRONG BY 31 POINTS
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The coverage arc

Jun 10, 2013 AstraZeneca Form 6-K (Pearl Therapeutics acquisition announcement) Bullish

The acquisition will give AstraZeneca access to a potential new treatment for COPD, currently in late-stage development, and inhaler and formulation technology…

Jun 10, 2013 FierceBiotech Bullish

AstraZeneca expressed strong interest in Pearl's triple combination paired with Symbicort's ICS, framing it as 'the Holy Grail in respiratory medicine' and a…

Mar 18, 2015 AstraZeneca Bullish

PINNACLE 1 and PINNACLE 2 Phase 3 trials of PT003 met primary endpoints in moderate-to-severe COPD, supporting NDA submission and validating the deal thesis…

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

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AstraZeneca to acquire Pearl for $560M upfront + up to $450M dev milestones + up to $140M sales milestones (total up to $1.15B); strengthens respiratory franchise via PT003/PT010 inhaled COPD combinations.

Did it work? Outcome assessment

Strategic verdict
Partially Achieved
Financial impact
Neutral
Pipeline outcome
Assets Advanced

Key facts

Related deals — scored

DealYearValueOutcome
AstraZeneca PLC / Pearl Therapeutics Inc. (this deal)2013$1.1B61
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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