Insight journal - Deals and alliances

Current Agreements Deal Analysis Update : March 2014

Posted on 10 March 2014

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This month we provide you with an overview of deal analysis life science deal making activity, covering partnering, M&A and financing in February 2014.

Welcome to the March 2014 edition of Current Agreements Deals Update.

This month we provide you with an overview of life science deal making activity, covering partnering, M&A and financing in February 2014.

Deal of the month

Forest Laboratories acquired by Actavis for $25 billion

Feb 18, 2014 - Actavis, Forest Laboratories

Actavis and Forest Laboratories have entered into a definitive agreement under which Actavis will acquire Forest for a combination of cash and equity valued at approximately $25 billion or $89.48 per Forest share....more

Breaking news...

Loan B refinancing agreement for $1.15 billion

Feb 27, 2014 - Hologic, Goldman Sachs

Hologic completed a refinancing of its senior secured tranche B term loan facility (Existing Term Loan B) under the Company's Credit and Guaranty Agreement (Credit Agreement) dated August 1, 2012.....more

For more breaking deals as they are announced, visit: http://www.currentagreements.com

Month in Review

It has been a good month in terms of dealmaking in the industry with a total of 184 partnering deals announced in February 2014. The top partnering deal by value was the collaboration and licensing agreement for nanobody candidates between Ablynx and Merck & Co. worth $USD2.3bn. Further details can be viewed here.

On the M&A front, 27 deals were announced; the leading deal was the acquisition of Forest Laboratories by Actavis , in a deal valued at $USD 25bn. Further details can be viewed here.

On the financings front we recorded 95 financing announcements, with the leading deal by value being the loan B refinancing agreement for $1.15bn by HologicFurther details can be viewed here.

Our sister company, Current Partnering published several new and updated reports:

View our full list of reports on offers here at our report store.

Our Current Partnering website showcases the leading partnering, M&A and financing deals by value.

To see all of 2014 leading deals and view the full set of Scorecards for 2014, visit  Top partnering deals Top M&A deals  | Top financing deals - check them out.

We welcome your comments and feedback on this newsletter. We are also interested in hearing from any company with a deal not announced by press release; this allows us to add non-publicized deals to the database.

Best regards,

Shamini Thiagarajan

Top ten deal analysis of the month by deal value

The following are the top 10 partnering deals and alliances by value, as announced in February 2014.

1. Collaboration and Licensing agreement for nanobody candidates - Ablynx, Merck and Co - $2.3bn

2. Joint venture and collaboration agreement to transform model for identifying and validating biological targets of disease for new diagnostics and drug development- Abbvie, Alzheimer's Association, American Diabetes Association, Biogen Idec, Bristol-Myers Squibb, Eli Lilly, Food and Drug Administration (FDA), GlaxoSmithKline, Johnson & Johnson, Lupus Foundation of America (LFA), Merck and Co, National Institutes of Health, Pfizer, Sanofi, Takeda Pharmaceutical - $230mn

3. Licensing agreement for NaP2b phosphate inhibitor program -  Ardelyx, Sanofi - $198m

4. Collaboration and licensing agreement for multi-drug resistant antibiotics- Discuva, Roche - $191m

5. Suppy agreement for radiology systems - Department of Defense, Toshiba Medical Systems Corporation - $187.7m

6. Licensing agreement for developing semaglutide using microneedle patch system - Novo Nordisk, Zosano Pharma - $155m

7. Collaborative R&D agreement for leukemia and solid tumors- Cellectis, Servier - $150m

8. Collaboration agreement for european gram-negative antibacterial engine - Asclepia Outsourcing Solutions, GlaxoSmithKline, Innovative Medicines Initiative (IMI) - $115m

9. Collaboration agreement for biotics against Gram-negative pathogens - Fundacion Medina, Innovative Medicines Initiative (IMI) - $110m

10. Contract service agreement for Carbavance antibiotics - Biomedical Advanced Research and Development Authority, The Medicines Company - $90m

Full details of each deal available at Current Agreements*
*Subscription required

Bigpharma deal analysis February 2014

February saw 34 partnering deals announced with big pharma being at least one of the parties of the deal.

Merck & Co were particularly active, leading partnering activity in February.

Merck & Co. partnering- February 2014

  • Licensing agreement for compound targeting intracellular targets - Nuevolution
  • Collaboration ageement for evaluating anti-cancer combination studies - Pfizer
  • Collaboration ageement for evaluating anti-cancer combination studies - Amgen
  • Evaluation agreement for the safety and efficacy of INCB24360 and MK-3475 - Incyte
  • Joint venture and collaboration agreement to transform model for identifying and validating biological targets of disease for new diagnostics and drug development - Abbvie, Alzheimer's Association, American Diabetes Association, Biogen Idec, Bristol-Myers Squibb, Eli Lilly, Food and Drug Administration (FDA), GlaxoSmithKline, Johnson & Johnson, Lupus Foundation of America (LFA), National Institutes of Health, Pfizer, Sanofi, Takeda Pharmaceutical
  • Collaboration and Licensing agreement for nanobody candidates- Ablynx

Merck & Co. partnering activity

Merck & Co. M&A activity

Merck & Co. profile

Merck & Co. partnering report

Further details of all big pharma deals are available atCurrent Agreements.

Bigbiotech deal analysis February 2014

February saw 27 partnering deals announced where big biotech were at least one of the parties to the deal.

Roche were particularly active, leading partnering activity in February.

Roche partnering- February 2014

  • Collaboration and licensing agreement for multi-drug resistant antibiotics - Discuva
  • Licensing agreement for EmPCR patent portfolio - Sysmex Inostics
  • Settlement agreement for various litigation and arbitration - Genentech, Hoffmann La Roche, PDL BioPharma

Roche partnering activity

Roche M&A activity

Roche company profile

Roche partnering report

Further details of each big biotech deals are available at Current Agreements.

Current Agreements products

Dealmaker’s Knowledge Center : Access the best of Current Partnering and Current Agreements with a Dealmaker’s Knowledge Center subscription. Buy now

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