Pharma BD Deal Intelligence

Ipsen SA / Inspiration Biopharmaceuticals, Inc.

2010 · Co-Development · $259M · Terminated

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jan 21, 2010 Manufacturing Chemist Bullish

The firms partnered to develop haemophilia medications with projected sales potential of $1bn over the next 10 years; Ipsen committed up to US$259m of funding…

Oct 30, 2012 Business Wire / Inspiration Biopharmaceuticals Bearish

Inspiration files Chapter 11 to pursue strategic transaction; Ipsen provides DIP financing while joint sale process is launched for OBI-1 and IB1001.

Jan 23, 2013 BioSpace Bearish

Baxter scoops up OBI-1 from Ipsen and bankrupt Inspiration in deal worth up to $700M — ending the Ipsen-Inspiration hemophilia partnership at a value far below…

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Ipsen and Inspiration Biopharmaceuticals hemophilia partnership: Ipsen took 20% stake for $85M, plus up to $174M for additional 27% stake based on milestones (total $259M). Inspiration later filed Chapter 11 in 2012.

Key facts

Related deals — scored

DealYearValueOutcome
Ipsen SA / Inspiration Biopharmaceuticals, Inc. (this deal)2010$259M
Amgen Inc. / Micromet Inc.2012$1.2B88
Servier / Shire plc (Oncology Business)2018$2.4B88
AstraZeneca PLC / Alexion Pharmaceuticals Inc.2020$39.0B86
Swedish Orphan Biovitrum AB / Biovitrum2001$493M84
Otsuka Pharmaceutical Co. Ltd. / Astex Pharmaceuticals2013$886M79
AbbVie Inc. / Pharmacyclics Inc.2015$21.0B79

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