Pharma BD Deal Intelligence

Bristol-Myers Squibb Company / Promedior, Inc.

2015 · Licensing/Option · $1.2B · Terminated

Announcement Sentiment
50
Neutral / mixed

BMS acquired an exclusive option to purchase Promedior and worldwide rights to PRM-151 for $150M upfront with up to $1.1B in additional payments tied to the option exercise and clinical/regulatory milestones. BMS allowed the option to expire in 2019 without exercise. Promedior was later acquired by Roche for ~$1.4B in 2020.

Key facts

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