Pharma BD Deal Intelligence

Celgene Corporation / OncoMed Pharmaceuticals, Inc.

2013 · Co-Development · $3.3B · Complete

WRONG BY 78 POINTS
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Top 5 most overhyped deals we track

Ranks computed across 828 graded deals (Critic + Outcome Score both present).

The coverage arc

Dec 03, 2013 GEN (Genetic Engineering & Biotechnology News) Bullish

GEN detailed milestone breakdown: ~$790M for demcizumab, ~$505M for the anti-DLL4/VEGF bispecific, ~$440M for each of four additional biologics, and >$100M for…

Feb 01, 2014 Nature Biotechnology Neutral

Nature Biotechnology framed the OncoMed pact as part of Celgene's 'multibillion spree,' emphasizing the heavy reliance on optioned, milestone-laden deals to…

Dec 21, 2015 The Motley Fool Bullish

Two years after signing, demcizumab was being positioned as a potential blockbuster within Celgene's pipeline pending readout of the DENALI (1L NSCLC) and…

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

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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

Key facts

Related deals — scored

DealYearValueOutcome
Celgene Corporation / OncoMed Pharmaceuticals, Inc. (this deal)2013$3.3B10
Celgene Corporation / Bristol-Myers Squibb Company2015$2.0B85
Celgene Corporation / Agios Pharmaceuticals Inc.2010$130M83
Celgene Corporation / Bristol-Myers Squibb Company2018$9.0B68
Celgene Corporation / Abraxis BioScience Inc.2010$2.9B65
Celgene Corporation / Receptos Inc.2015$7.2B63
Celgene Corporation / Impact Biomedicines2018$7.0B54

Compare all 7 side-by-side →

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