Deals, M&A

Daiichi Sankyo to acquire Plexxikon for $805m upfront and up to $130m in milestones

Posted on 01 March 2011

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Plexxikon Inc. has entered into a merger agreement with Daiichi Sankyo Company, Limited, a Japan-based global pharmaceutical company. The purchase price for Plexxikon is $805 million up-front. Near-term milestone payments associated with the approval of PLX4032 could total an additional $130 million. Read the full press release on Daiichi's latest acquisition at Current Agreements

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