Pharma BD Deal Intelligence

Shire plc / Dyax Corp.

2016 · Acquisition/Merger · $5.9B · Complete

CALLED IT — OFF BY 1
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The coverage arc

Nov 02, 2015 FierceBiotech Neutral

FierceBiotech framed the $5.9B price tag as 'a defensive rare disease deal' protecting Shire's existing CINRYZE/FIRAZYR HAE franchise from being eroded by…

May 18, 2017 BioSpace Bullish

BioSpace headline declared 'Shire's $6.5B Dyax Bet Pays Off' after Phase 3 success, capturing analyst sentiment that the headline-plus-CVR economics had been…

Aug 24, 2018 BioPharma Dive Bullish

Following August 2018 FDA approval of Takhzyro, BioPharma Dive cited GlobalData analyst Thomas Moore identifying lanadelumab as the single most valuable asset…

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

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Shire completed acquisition of Dyax Corp. for $37.30/share cash, ~$5.9B total. Adds Phase 3 anti-kallikrein antibody DX-2930 (later lanadelumab/Takhzyro) for HAE prophylaxis to Shire's rare-disease portfolio, complementing FIRAZYR and CINRYZE. Up to $646M contingent value rights tied to FDA approval. Originally announced November 2015.

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Key facts

Related deals — scored

DealYearValueOutcome
Shire plc / Dyax Corp. (this deal)2016$5.9B89
Shire plc / New River Pharmaceuticals Inc.2007$2.6B88
Shire plc / Jerini AG2008$521M85
Shire plc / NPS Pharmaceuticals2015$5.2B78
Shire plc / Baxalta Inc.2016$32.0B77
Shire plc / ViroPharma Incorporated2013$4.2B58
Shire plc / Movetis NV2010$565M37

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