Pharma BD Deal Intelligence

Merck KGaA / Threshold Pharmaceuticals, Inc.

2012 · Co-Development · $550M · Terminated

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Apr 29, 2014 PharmaTimes Bullish

FDA granted fast-track designation to evofosfamide for advanced pancreatic cancer, validating the hypoxia-activated prodrug approach pursued under the Merck…

Dec 07, 2015 PR Newswire (Merck KGaA) Bearish

Merck KGaA, Darmstadt, Germany decided not to pursue evofosfamide further in soft tissue sarcoma and pancreatic cancer following Phase 3 trial failures.

Jan 15, 2017 Wikipedia (sourced from peer-reviewed and press releases) Bearish

Threshold partnered with Merck KGaA in 2012 in a global license and co-development agreement; Merck abandoned attempts to commercialize evofosfamide in…

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Merck Serono (Merck KGaA) and Threshold global agreement to co-develop/commercialize TH-302. $25M upfront plus up to $35M near-term development milestones; $525M total milestone potential ($280M dev/reg + $245M sales). Merck pays 70% of worldwide development costs.

Key facts

Related deals — scored

DealYearValueOutcome
Merck KGaA / Threshold Pharmaceuticals, Inc. (this deal)2012$550M
Merck KGaA / Millipore Corporation2010$7.2B88
Merck KGaA / Sigma-Aldrich Corporation2014$17.0B80
Merck KGaA / Versum Materials2019$5.8B80
Merck KGaA / Serono SA2006$13.2B74
Merck KGaA / SpringWorks Therapeutics2025$3.4B72
Merck KGaA / Debiopharm2021$1.1B

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