Pharma BD Deal Intelligence

Cubist Pharmaceuticals, Inc. / Trius Therapeutics Inc.

2013 · Acquisition/Merger · $707M · Complete

WRONG BY 39 POINTS
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The coverage arc

Jul 30, 2013 Business Wire (Cubist Pharmaceuticals) Bullish

Cubist Pharmaceuticals to acquire Trius Therapeutics for $13.50 per share, approximately $707 million, adding the highly complementary late-stage antibiotic…

Jul 30, 2013 SEC EDGAR (Trius Form SC TO-C) Neutral

Trius Therapeutics tender-offer communication describing the Cubist acquisition terms of $13.50 per share in cash plus a contingent value right for up to an…

Jun 20, 2014 Wikipedia (citing FDA label and primary literature) Bullish

Tedizolid is 4-to-16-fold more potent against staphylococci and enterococci than linezolid, was approved under the GAIN Act with five extra years of market…

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Cubist to acquire Trius at $13.50/share cash (~$707M fully diluted); added late-stage tedizolid antibiotic plus preclinical antibiotic programs to anti-infective portfolio.

Did it work? Outcome assessment

Strategic verdict
Achieved Stated Rationale
Financial impact
Neutral
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Key facts

Related deals — scored

DealYearValueOutcome
Cubist Pharmaceuticals, Inc. / Trius Therapeutics Inc. (this deal)2013$707M44
Cubist Pharmaceuticals, Inc. / Calixa Therapeutics, Inc.2009$402M52
Cubist Pharmaceuticals, Inc. / Adolor Corporation2011$415M49
Cubist Pharmaceuticals, Inc. / Optimer Pharmaceuticals, Inc.2013$801M45
Pfizer Inc. / BioNTech SE2020$748M100
Gilead Sciences Inc. / Pharmasset Inc.2011$11.2B98
Abbott Laboratories / Alere Inc.2016$5.8B95

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