Pharma BD Deal Intelligence

Bayer AG / Onyx Pharmaceuticals

2011 · Co-Development · $160M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Oct 11, 2011 Onyx Pharmaceuticals Form 8-K (settlement and regorafenib agreement) Neutral

Under a Settlement Agreement entered into on October 11, 2011, Onyx and Bayer agreed to settle and dismiss all claims related to the complaint filed by Onyx…

Oct 13, 2011 PharmaTimes Neutral

Frames the settlement factually as resolution of the dispute — 'a deal has now been reached, and legal proceedings have been dropped' — without evaluating the…

Sep 27, 2012 FierceBiotech Bullish

FierceBiotech reported the speedy FDA approval of regorafenib at $9,350/month with analyst peak-sales expectations of $1.25B+, validating Bayer's decision to…

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

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Bayer and Onyx restructured their global oncology collaboration: Bayer gained sole decision-making for regorafenib in exchange for $160M cash settlement and royalty on regorafenib. Bayer also bought out Onyx's Japan Nexavar royalty rights.

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Key facts

Related deals — scored

DealYearValueOutcome
Bayer AG / Onyx Pharmaceuticals (this deal)2011$160M
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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