Celgene Corporation / OncoMed Pharmaceuticals Inc.
2013 · Co-Development · $3.3B · Complete
Announcement Sentiment
88
Strongly positive
Celgene/OncoMed global co-dev/co-commercialization for demcizumab plus 5 cancer stem cell biologics; ~$155M upfront + $22.25M equity + ~$3B in potential milestones plus royalties.
Did it work? Outcome assessment
Strategic verdict
Failed to Achieve
Financial impact
Dilutive
Pipeline outcome
Assets Terminated
Assessment window: 5yr post-close.
Key facts
AnnouncedDec 02, 2013
ClosedDec 02, 2013
Deal value$3.3B
Deal typeCo-Development
Therapeutic areaSolid tumors (oncology)
IndicationsSolid tumors (oncology)
Key assetsDemcizumab (anti-DLL4) plus 5 additional biologics targeting cancer stem cell pathways
MechanismAnti-DLL4 mAb and other cancer stem-cell pathway biologics