Pharma BD Deal Intelligence

Bayer AG / Algeta ASA

2009 · Licensing/Option · $800M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Sep 03, 2009 BioSpace (Algeta press release) Bullish

'The Alpharadin deal with Bayer totals up to $800 million (EUR560m) to Algeta.' 'In Bayer we have selected a world-class oncology company with a proven global…

Sep 04, 2009 Wikipedia (sourced to Algeta filings) Bullish

Algeta and Bayer signed a 2009 development and commercialization agreement valued at $800M for Xofigo globally; Bayer fully acquired Algeta for $2.9B in March…

Nov 18, 2013 UroToday Bullish

Xofigo's EU marketing authorization for CRPC patients with symptomatic bone metastases positions it as a unique bone-targeted alpha-radiotherapy with a…

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Co-development/commercialization of radium-223 (Xofigo) for CRPC bone mets. ~$800M deal value. Source: Bayer/Algeta press, Norway business publications.

Key facts

Related deals — scored

DealYearValueOutcome
Bayer AG / Algeta ASA (this deal)2009$800M
Bayer AG / Schering AG2006$21.5B79
Bayer AG / BlueRock Therapeutics2002$600M79
Bayer AG / Merck & Co., Inc.2014$14.2B71
Bayer AG / Schering AG (residual squeeze-out)2007$985M69
Bayer AG / Arvinas, Inc.2019$1.0B59
Bayer AG / Merck & Co. Inc.2014$14.2B56

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