Pharma BD Deal Intelligence

Cephalon Inc. / Cell Therapeutics, Inc.

2005 · Asset Purchase · $70M · Complete

CALLED IT — OFF BY 6

A small, unglamorous asset buy that quietly paid for itself many times over as a durable oncology cash-flow product

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The coverage arc

Jun 13, 2005 SEC EDGAR — Cell Therapeutics 8-K Ex 99.1 Bullish

The transaction was structured for '$70 million in cash, and possible future milestones of up to $100 million,' covering 'worldwide marketing, sales and…

Nov 09, 2013 Seattle Times Bearish

Cell Therapeutics 'received about $29 million' from the initial sale, with cumulative Trisenox revenue of $81.3 million by Q3 2005; by 2003 'approximately…

Jan 01, 2024 Wikipedia Bullish

Cephalon CEO Frank Baldino Jr. framed the deal as building 'a fully integrated oncology business' alongside TREANDA and CEP-701; under his leadership Cephalon…

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

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Cephalon acquires worldwide rights (ex-Asia) to TRISENOX (arsenic trioxide) from Cell Therapeutics. Oncology asset deal.

Did it work? Outcome assessment

A small, unglamorous asset buy that quietly paid for itself many times over as a durable oncology cash-flow product

Strategic verdict
Achieved Stated Rationale

Key facts

Related deals — scored

DealYearValueOutcome
Cephalon Inc. / Cell Therapeutics, Inc. (this deal)2005$70M74
Cephalon Inc. / Laboratoire L. Lafon S.A. (Group Lafon)2000$450M89
Cephalon Inc. / Salmedix, Inc.2005$160M89
Cephalon Inc. / Group Lafon (France)2001$450M80
Cephalon Inc. / Anesta Corp.2001$444M65
Cephalon Inc. / Anesta Corp.2000$444M64
Cephalon Inc. / Zeneus Holdings Limited (Zeneus Pharma)2005$360M63

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