Pharma BD Deal Intelligence

Aurora Biosciences Corporation / PanVera Corporation

2001 · Acquisition/Merger · $86M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Nov 01, 2000 BioProcess Online Bullish

Both boards unanimously approved the all-stock merger; leadership called the combined entity 'a potent drug discovery engine poised to capitalize on…

Apr 30, 2001 GenomeWeb Bullish

Vertex's acquisition of Aurora (with PanVera embedded) was framed as buying an integrated discovery engine — analysts viewed the PanVera tuck-in as enhancing…

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Aurora Biosciences acquired PanVera Corporation in an all-stock deal valued at ~$86M to add protein-production and high-throughput screening assay capabilities to its drug-discovery platform; Aurora (with PanVera embedded) was itself acquired by Vertex Pharmaceuticals in 2001 for ~$592M.

Key facts

Related deals — scored

DealYearValueOutcome
Aurora Biosciences Corporation / PanVera Corporation (this deal)2001$86M
Abbott Laboratories / Knoll Pharmaceutical Company (BASF Pharma)2001$6.9B100
Vertex Pharmaceuticals Incorporated / Aurora Biosciences Corporation2001$592M95
Amgen Inc. / Immunex Corporation2001$16.0B91
Swedish Orphan Biovitrum AB / Biovitrum2001$493M84
Barr Laboratories Inc. / Duramed Pharmaceuticals Inc.2001$589M82
Cephalon Inc. / Group Lafon (France)2001$450M80

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