Pharma BD Deal Intelligence

Otsuka Pharmaceutical / Astex Pharmaceuticals

2013 · Acquisition/Merger · $886M · Complete

Announcement Sentiment
88
Strongly positive
Outcome Score
48
Mixed — partial payoff, real shortfalls.

Otsuka Pharmaceutical acquired Astex Pharmaceuticals for approximately $886 million via an all-cash tender offer at $8.50 per share (a roughly 48% premium), gaining the Dacogen/decitabine franchise and Astex's PYRAMID fragment-based drug discovery platform.

Key facts

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