Pharma BD Deal Intelligence

Chiron Corporation / PathoGenesis Corporation

2000 · Acquisition/Merger · $700M · Complete

CALLED IT — OFF BY 11
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The coverage arc

Aug 14, 2000 Chiron Acquisition Communication (SEC SC TO-C Ex-99.3) Bullish

Chiron's communication frames TOBI as the gold standard for treating cystic fibrosis patients with Pseudomonas aeruginosa lung infections, already marketed in…

Apr 24, 2001 TheStreet Bullish

TOBI was generating approximately $86M in worldwide sales in the year preceding the Chiron acquisition, with Chiron subsequently partnering with Inhale…

Jan 01, 2024 Wikipedia (Tobramycin) Neutral

Nebulized tobramycin (Tobi) became established as the inhaled standard-of-care for chronic Pseudomonas aeruginosa infection in cystic fibrosis, validating the…

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

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Chiron agreed to pay $700M in cash for Seattle-based PathoGenesis. Deal added inhaled antibiotic TOBI (chronic CF lung infections) plus inhaled-antibiotic pipeline and ~275 staff. Anchored Chiron's anti-infectives franchise. Closed Sep 29, 2000.

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Key facts

Related deals — scored

DealYearValueOutcome
Chiron Corporation / PathoGenesis Corporation (this deal)2000$700M75
Pfizer Inc. / BioNTech SE2020$748M100
Gilead Sciences Inc. / Pharmasset Inc.2011$11.2B98
Abbott Laboratories / Alere Inc.2016$5.8B95
bioMerieux SA / BioFire Diagnostics Inc.2013$485M88
Roche Holding AG / Ventana Medical Systems Inc.2008$3.4B88
AstraZeneca PLC / MedImmune Inc.2007$15.6B82

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