Pharma BD Deal Intelligence

Pfizer Inc. / Excaliard Pharmaceuticals, Inc.

2011 · Acquisition/Merger · Complete

WRONG BY 63 POINTS
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The coverage arc

Apr 19, 2011 Excaliard / PR Newswire Bullish

Three Phase 2 trials showed EXC-001 produced highly significant 24-week scar improvement vs placebo on Physician Assessment (p<0.001), Subject Assessment…

Nov 22, 2011 Genetic Engineering & Biotechnology News Neutral

Pfizer to pick up antisense firm Excaliard, an Isis spinout developing EXC 001 for excessive skin scarring; terms were undisclosed though contingent milestone…

Nov 22, 2011 The Motley Fool Neutral

The article presents the deal facts and market opportunity for Excaliard's anti-scarring drug neutrally, citing Pfizer's stated strategy to complement its…

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Pfizer acquired Excaliard for undisclosed upfront plus contingent payments. Isis (now Ionis) entitled to up to $14M as a former licensor. Deal added EXC-001 antisense fibrosis candidate to Pfizer pipeline. Below clear $250M threshold per public terms but strategically notable platform deal.

Did it work? Outcome assessment

Strategic verdict
Failed to Achieve
Financial impact
Neutral
Pipeline outcome
Assets Terminated

Key facts

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