Pharma BD Deal Intelligence

Sanofi-Aventis / BiPar Sciences, Inc.

2009 · Acquisition/Merger · $500M · Complete

CALLED IT — OFF BY 21

Total loss: iniparib was never actually a PARP inhibitor, failed every subsequent Phase III/II trial, and was fully written off for $285M in 2013.

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The coverage arc

Apr 15, 2009 Fierce Biotech Neutral

A board member called it 'a landmark transaction for 2009,' but the article noted analysts view the deal as a 'long-term gamble' with financial benefits…

Jan 27, 2011 Fierce Biotech Bearish

Sanofi's iniparib (BSI-201), the centerpiece of the BiPar acquisition, flunked its Phase III triple-negative breast cancer trial, missing co-primary endpoints…

Jan 01, 2014 JNCI: Journal of the National Cancer Institute Bearish

'Downfall of Iniparib: A PARP Inhibitor That Doesn't Inhibit PARP After All' — the asset Sanofi bought from BiPar lacked characteristics typical of the PARP…

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

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Sanofi-aventis agreed to acquire BiPar Sciences for up to $500M, contingent on milestones, to gain the PARP inhibitor BSI-201 (iniparib) in oncology.

Did it work? Outcome assessment

Total loss: iniparib was never actually a PARP inhibitor, failed every subsequent Phase III/II trial, and was fully written off for $285M in 2013.

Strategic verdict
Failed to Achieve

Key facts

Related deals — scored

DealYearValueOutcome
Sanofi-Aventis / BiPar Sciences, Inc. (this deal)2009$500M8
Sanofi-Aventis / Symbion Consumer (Primary Health Care)2008$544M71
Sanofi-Aventis / Merial Limited (Merck's 50% interest)2009$4.0B65
Sanofi-Aventis / Acambis plc2008$548M36
Sanofi-Aventis / Shantha Biotechnics Limited2009$784M34
Sanofi-Aventis / Fovea Pharmaceuticals SA2009$541M23
Sanofi-Aventis / ImmunoGen Inc.2005$18M

Compare all 7 side-by-side →

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