Pharma BD Deal Intelligence

QIAGEN N.V. / DxS Ltd.

2009 · Acquisition/Merger · $130M · Complete

CALLED IT — OFF BY 3

A small $94M UK bolt-on that became the durable engine room of QIAGEN's companion-diagnostics franchise

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The coverage arc

Sep 22, 2009 GenomeWeb Bullish

GenomeWeb framed the acquisition as QIAGEN 'jumping into personalized medicine,' establishing leadership in companion diagnostics with the most advanced…

Jan 31, 2017 GEN (Genetic Engineering & Biotechnology News) Neutral

Multi-year fallout: QIAGEN and Roche later settled a long-running distribution dispute over DxS's TheraScreen assays, validating how strategically valuable the…

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

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QIAGEN acquired UK companion-diagnostics firm DxS Ltd. for up to approximately $130 million ($95 million upfront plus up to $35 million in milestones), gaining the CE-marked TheraScreen KRAS and EGFR companion-diagnostic menu and associated pharma partnerships.

Did it work? Outcome assessment

A small $94M UK bolt-on that became the durable engine room of QIAGEN's companion-diagnostics franchise

Strategic verdict
Achieved Stated Rationale

Key facts

Related deals — scored

DealYearValueOutcome
QIAGEN N.V. / DxS Ltd. (this deal)2009$130M85
Astellas Pharma Inc. / Seagen Inc.2009$4.5B95
Bristol-Myers Squibb Company / Medarex Inc.2009$2.4B92
Johnson & Johnson / Cougar Biotechnology, Inc.2009$970M91
Pfizer Inc. / Wyeth2009$68.0B86
Sigma-Tau Group / Enzon Pharmaceuticals (Specialty Pharma business)2009$327M85
Watson Pharmaceuticals (Actavis Inc.) / Arrow Group2009$1.8B85

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