Pharma BD Deal Intelligence

Cubist Pharmaceuticals, Inc. / Adolor Corporation

2011 · Acquisition/Merger · $415M · Complete

WRONG BY 39 POINTS
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The coverage arc

Oct 24, 2011 BioSpace Neutral

$4.25/share cash plus CPRs of up to $4.50/share contingent on ADL5945 FDA/EMA approval by July 2019 and competitive labeling — the structure transferred…

Oct 24, 2011 MedCity News Bullish

Industry observers said the deal could stimulate broader interest in OIC, and that Cubist's hospital sales force was well-suited to commercialize Entereg into…

Jan 21, 2015 Genetic Engineering & Biotechnology News Bullish

By 2014 Entereg US revenue had grown 17.6% YoY to $43.8M through nine months, and the asset was a contributing piece of Merck's $9.5B Cubist acquisition that…

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

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Cubist acquired Adolor for $4.25/share (~$190M cash) plus CPRs of up to $4.50/share tied to ADL5945 milestones, total up to $415M. Deal added marketed Entereg and a Phase 2 OIC candidate to Cubist's hospital franchise.

Did it work? Outcome assessment

Strategic verdict
Partially Achieved
Pipeline outcome
Mixed

Key facts

Related deals — scored

DealYearValueOutcome
Cubist Pharmaceuticals, Inc. / Adolor Corporation (this deal)2011$415M49
Cubist Pharmaceuticals, Inc. / Calixa Therapeutics, Inc.2009$402M52
Cubist Pharmaceuticals, Inc. / Optimer Pharmaceuticals, Inc.2013$801M45
Cubist Pharmaceuticals, Inc. / Trius Therapeutics Inc.2013$707M44
UCB SA / Celltech Group plc2004$2.7B92
Johnson & Johnson / Centocor Inc.1999$4.9B92
Takeda Pharmaceutical Company Ltd. / Millennium Pharmaceuticals2003$8.8B82

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