Pharma BD Deal Intelligence

BioTransplant Inc. / Eligix Inc.

2001 · Acquisition/Merger · $55M · Complete

WRONG BY 54 POINTS

Acquirer and target jointly filed bankruptcy within 22 months of closing; the acquired asset was liquidated for a $450K fire-sale price.

Full analysis, sources & comparables →

The coverage arc

Dec 12, 2000 BioWorld Bullish

BioTransplant CEO Elliot Lebowitz framed the $55.3M stock deal as bringing 'complementary management and complementary technologies,' giving BioTransplant…

Feb 21, 2001 BioTransplant 8-K Exhibit 99.1 (Eligix CE Mark / Pending Acquisition) Bullish

BioTransplant has signed a definitive agreement to acquire Eligix; the addition adds two late-stage pipeline products expected to add near-term European…

Feb 27, 2003 BioTransplant SEC Filing Bearish

BioTransplant and its Eligix subsidiary filed Chapter 11; the Eligix HDM Cell Separation System was sold to Miltenyi Biotec for $450,000 plus 4-10% royalties —…

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

All 7 sources with sentiment breakdown →

6.6M BioTransplant shares for Eligix. Below $250M threshold but strategically notable: Harvard-affiliated cell-therapy/stem-cell graft purification (BCell-HDM, TCell-HDM).

Did it work? Outcome assessment

Acquirer and target jointly filed bankruptcy within 22 months of closing; the acquired asset was liquidated for a $450K fire-sale price.

Strategic verdict
Failed to Achieve

Key facts

Related deals — scored

DealYearValueOutcome
BioTransplant Inc. / Eligix Inc. (this deal)2001$55M10
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

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →