Pharma BD Deal Intelligence

Shire plc / Dyax Corp.

2016 · Acquisition/Merger · $5.9B · Complete

Announcement Sentiment
88
Strongly positive

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.

Did it work? Outcome assessment

Strategic verdict
Achieved Stated Rationale
Financial impact
Accretive
Pipeline outcome
Assets Advanced

Key facts

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