Pharma BD Deal Intelligence

MorphoSys AG / Constellation Pharmaceuticals, Inc.

2021 · Acquisition/Merger · $1.7B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jun 02, 2021 Endpoints News Neutral

Germany's MorphoSys is paying $1.7 billion in cash to acquire Cambridge, Mass.-based Constellation Pharmaceuticals, picking up Phase 3 BET inhibitor pelabresib…

Apr 20, 2023 Blood (ASH journal) — MANIFEST Phase 2 results Bullish

In the Phase 2 MANIFEST trial, pelabresib in combination with ruxolitinib in JAK-inhibitor-naïve myelofibrosis (Arm 3, n=84) produced SVR35 at week 24 in…

May 27, 2026 ClinicalTrials.gov NCT07357727 — MANIFEST-3 (pelabresib/DAK539) Neutral

MANIFEST-3 (NCT07357727; Novartis ref CDAK539A12303): Phase 3 randomized double-blind study of pelabresib (now branded DAK539) plus ruxolitinib vs placebo plus…

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MorphoSys agreed to acquire Constellation Pharmaceuticals for $34.00 per share (~$1.7B total equity value). Lead assets include Phase III BET inhibitor pelabresib for myelofibrosis and Phase II EZH2 inhibitor CPI-0209. Royalty Pharma provided $1.425B in funding to support the transaction.

Key facts

Related deals — scored

DealYearValueOutcome
MorphoSys AG / Constellation Pharmaceuticals, Inc. (this deal)2021$1.7B
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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