Pharma BD Deal Intelligence

Pfizer Inc. / Icagen, Inc.

2011 · Acquisition/Merger · $56M · Complete

WRONG BY 31 POINTS
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The coverage arc

Jul 19, 2011 Pfizer Inc. Bullish

Icagen's capabilities and core ion channel technology will help to further expand Pfizer's position in the pain relief disease area and our ability to develop…

Sep 20, 2011 Fierce Biotech (Pfizer tender offer completion release) Neutral

Subsequent offering period expired September 19, 2011; 5,393,380 shares validly tendered which, with Pfizer's existing 1,067,015 shares, represented…

Jul 02, 2015 GEN (Genetic Engineering & Biotechnology News) Bearish

Pfizer divested the Icagen ion-channel platform to XRpro for $500K upfront plus up to $10.5M in milestones, four years after acquiring it for $56M, signaling…

Source summaries from our enrichment pipeline; follow links for originals.

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Pfizer completed acquisition of ion-channel-drug discovery company Icagen ($6.00/share, ~$56M total). Note: small deal but strategically notable platform acquisition for Pfizer's Neusentis pain unit. Below $250M threshold but a notable platform deal.

Did it work? Outcome assessment

Strategic verdict
Partially Achieved
Financial impact
Neutral
Pipeline outcome
Mixed

Key facts

Related deals — scored

DealYearValueOutcome
Pfizer Inc. / Icagen, Inc. (this deal)2011$56M19
Pfizer Inc. / BioNTech SE2020$748M100
Pfizer Inc. / FoldRx Pharmaceuticals201099
Pfizer Inc. / Medivation Inc.2016$14.0B86
Pfizer Inc. / Wyeth2009$68.0B86
Pfizer Inc. / Warner-Lambert Company2000$90.0B83
Pfizer Inc. / Arvinas, Inc.2021$2.4B77

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