Jazz Pharmaceuticals plc (NASDAQ: JAZZ) is a global biopharmaceutical company whose purpose is to innovate to transform the lives of patients and their families. Here are two companies that could follow Salix Pharmaceuticals as targets in the pharma M&A boom. It works fast. Time to Buy? Nous, Yahoo, faisons partie de la famille de marques Yahoo. And in the meantime, buying back its own shares something thats unusual for smaller pharma companies but not a negative in this case. My understanding is that victims sometimes require 2-4 applications of Naxolone. Sanofi earlier this yearcompletedthe buyout of immuno-oncology company Amunix Pharmaceuticals for around $1 billion. Alnylam Pharmaceuticals (ALNY -0.81%) is a ribonucleic acid interference, or RNAi, drug development specialist. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Syngenta rejecteded another unsolicited offer from Monsanto, worth $45 billion, with management saying it undervalued the company and a merger would carry significant risks. Thats because their growth is declining as major drug patents expire; they need to turn to acquisitions to help jump-start growth. Compliance. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. Through the first nine months of 2020, the company reported $378.6 million in revenue, up 88% year over year. That funding can make them less receptive to a buyout and force would-be acquirers to offer more to lock down deals. It is worth pointing out that Gileads $21bn move on Immunomedics this year was struck at a 111% premium; it is extremely rare to see premiums move into triple figures for transactions of this size. This includes Pfizer. Second bid, unanimously rejected by the Shire Board, who concluded that it significantly undervalue the Company, its growth prospects as well as pipeline. I highly recommend it (pick episodes around topics that interest you) for the amazing guests that come on with regularity. I think Jazz will be able to make more out of GW Pharmaceutical's pipeline and will increase its revenues and margins with the buyout. To date, the drugmaker's novel platform has yielded five approved therapies: Onpattro, Givlaari, Oxlumo, Amvuttra, and Leqvio. Gilead will have to hope that its big splurge turns out to be a better use of its cash. I'm interested in what quants do, options traders do, and even what WallStreetBets is doing (keep your friends close and). However, the U.S. Treasury passed laws, tightening down on. Learn More. Making the world smarter, happier, and richer. Essentially, Epidiolex is a purified form of a CBD, but without tetrahydrocannabinol (THC), the hallucinogenic ingredient of the plant. *Average returns of all recommendations since inception. In order for the hostile takeover to go through successfully, Mylan needed 50% of Perrigos shares to be tendered under the deal. Indivior specializes in drugs that treat addiction. The following table lists the largest mergers and acquisitions in the pharmaceutical and biotechnology industry (those over $10 billion). Jazz Pharmaceutical, with a market cap of $8.42 billion, is a much larger company and has the money to devote to GW Pharmaceuticals to make it a profitable segment and deal with any short-term issues GW Pharmaceuticals may have. I love to get a CVR during a takeover process. Before that, reports said Bristol Myers could be negotiating a deal. 1 Potential Buyout Candidate: Endo International (NASDAQ: ENDP) Endo just completed the $2.6 billion buyout of Auxilium Pharmaceuticals, which has two branded Cost basis and return based on previous market day close. GW developed a treatment for seizures based on the cannabis plant before Jazz Pharmaceuticals (JAZZ) acquired it last year. It has also estimated more than $1.5 billion in peak U.S. annual sales of its second largest drug Krystexxa, used for the treatment of gout that is not controlled by other medicines. By using this site, you agree that we may store and access cookies on your device. February started off with Pfizer (NYSE: PFE) buying up Hospira (NYSE: HSP) for $15 billion. The combination with Opiant will provide Indivior with one of the most comprehensive and relevant treatment platforms to address the ongoing U.S. opioid and overdose epidemic and extends our leadership position in addiction treatments. The Motley Fool has a disclosure policy. Tobira had suffered a big clinical setback before Allergan swooped, and was actually bought for a historically depressed price, despite the high premium. The Jazz product pipeline is strong, despite the current reliance on Xyrem. AstraZeneca claimed the deal undervalued the company. Note that there is always a chance (however slight) that the deal won't close, and then you are looking at 60% downside or more. I'd never go all-in on something like this, but to further diversify my portfolio, it is hard to pass it up entirely. Opiant Pharmaceuticals, Inc. ( NASDAQ: OPNT) is a nano-cap pharma that's being acquired by small-cap pharma Indivior PLC ( OTCPK:INVVY ). The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. *Average returns of all recommendations since inception. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Amgen declined to comment on the talks, while Sanofi and Janssen Global were not immediately available. 1/17/2023 Watch these two pharma companies with big buyout potential: Endo just completed the $2.6 billion buyout of Auxilium Pharmaceuticals, which has two branded testosterone products. A On Friday, AUPH stock tumbled below its 50-day moving average, according to MarketSmith.com. Sanofi earlier this year completed the OPNT also has financial backing and collaborates with U.S. government agencies, which is a soft sign that there is at least governmental/societal interest in getting its product out there. 2. Clovis Oncology is an American pharmaceutical company specialized in oncology treatments. Then, after a failed attempt to buy Allergan (NYSE: AGN) last year, Valeant Pharmaceuticals (NYSE: VRX) announced plans to buy Salix Pharmaceuticals (NASDAQ: SLXP) for $10 billion. We want to hear from you. The company has gone from making a All rights reserved. And in the meantime, buying back its own shares something thats unusual for smaller pharma companies but not a negative in this case. The company hired Volker Knappertz as its executive vice president of research and development, Scott Habig as its chief commercial officer, and DeDe Sheel as vice president of investor relations. Amgen spent $3.7 billion on a deal earlier this month for ChemoCentryx in order to attain the newly approved ANCA-associated vasculitis drug Tavneos. Colao formed Aurinia's commercial organization and helped launch Lupkynis last year. There are a number of big pharma companies that are expected to grow earnings at an annualized rate of less than 2% for the next five years. Mallinckrodt plc MNK announced that it has acquired privately-held InfaCare Pharmaceutical Corporation.. Keeping with this theme, it has become all too common for early commercial-stage biotech companies to lose a large chunk of their value during the opening phase of an important new drug launch. The suit was filed just before Christmas in a federal court in Waco, Texas. About half of adults with lupus will develop lupus nephritis. GW Pharmaceuticals has not consistently made a profit since its founding in 1998, but the company is showing the way toward profitability, thanks to expanded use of its lead therapy, Epidiolex, a liquid formulation of plant-derived cannabidiol used to treat rare childhood-onset epilepsy disorders. This happens a lot when pharma or biotech companies with important unapproved assets get bought. +15303348684. Thats just sad. Axsome is also developing a late-stage migraine candidate called AXS-07, along with a fibromyalgia candidate called AXS-14. Indivior is laying out $20 in cash and a contingent value right that's potentially worth up to $8 per share. However, this acquisition has since been much derided after Synageva's lead drug, Kanuma, fell well short of Alexion's blockbuster hopes. Data is a real-time snapshot *Data is delayed at least 15 minutes. The huge sums of money flowing into drug development, and the resulting surge in valuations, has meant only one thing for industry buyers: soaring price tags. If you can get them cheap enough, they can be really attractive. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. Wall Street has the drug's peak sales for this indication pegged at $1.2 billion. While about two dozen companies showed some interest in Pandion's work between 2018 and 2020, only Merck and one other "global pharmaceutical company" made formal acquisition or partnership proposals. In late September, Pandion's CEO, top scientist, board chairman and head of business development all sat down with Merck's Perlmutter, who was eager to see early-stage data for PT-101. In early February, Merck proposed a buyout at a price of $40 per share, which it revised two days later to $50 per share. , Mar 28, 2022 As of early 2022, the largest deal in pharmaceutical industry history was Pfizers acquisition of Warner-Lambert for nearly 90 billion U.S. dollars in 2000. This cut of the data was performed on the same cohort as above, so only transactions above $500m. your financial adviser and does not provide any individualized investment advice to you. There are 36 U.S. states where medical marijuana is legal, so it seems obvious that medical-use cannabis has a huge upside. Axsome Therapeutics (AXSM 0.72%) is a central-nervous-system disorder specialist. Shares of Aurinia hit a record high in November, but have since fallen on the lack of takeover news. 2023 CNBC LLC. Even if GW Pharmaceuticals is successful in defending itself in the lawsuit, legal fees could add considerably to the company's expenses in the coming months. 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The Most Important Game Youll Play as an Investor, How To Invest After The State of The Union Address, What Sequestration? For 8 Meme Stocks Are Soaring Again (AMC And GameStop Aren't On Top), Oil Giant Exxon Fuels Buy Point With 159% EPS Growth On Tap. Meanwhile, many large drug developers are in need of pipeline infusions. Knappertz comes to Aurinia from GW Pharmaceuticals. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Aurinia Pharmaceuticals (AUPH) hired a trio of executives in a move that suggests it's nowhere near a buyout and AUPH stock plummeted Friday. other investment-related educational materials. The biotech again refused and a few weeks later rejected a low-dollar offer from the "global pharmaceutical company" for rights to another area of Pandion's research. The hirings likely cooled investors' expectations that Aurinia could be looking for a buyout. Over the course of more than a year, Pandion turned down Merck's offers to license its research, set up a 50-50 partnership and twice acquire the company,before agreeing to be bought for $60 per share. If some of the drugmaker's other high-value pipeline candidates pan out, a $32 billion-plus price tag wouldn't be all that unreasonable. acquisitions. click here for our full report on this opportunity. The pharmaceutical merger and acquisition (M&A) scene is heating up. Bayer advanced talks with Monsanto's management and subsequently raised its off by $3 billion, to more than $65 billion - which represented a 2 percent increase on its previous offer. And Merck is rumored to be in advanced talks to buy the cancer specialist Seagen. Valeant raised its unsolicited offer for Allergan a second time, to $53.3 billion, increasing the cash portion of the bid in an effort to win the backing of the company, with the cash-and-stock portion of the bid valuing each Allergan share at $179.25. We use cookies on this website. The top ten deals in the industry totaled $97 billion in 2020, led by the $39-billion buyout of Alexion Pharmaceuticals - Get Free Report late in the year by AstraZeneca - Get This includes the mega acquisition of Celgene for $74B followed by $13.1B buyout Bristol-Myers Squib is still lagging behind in the innovation race as per Idea Pharmas It is a deal where I can imagine antitrust authorities would be hesitant to let it pass if they felt they didn't have enough information. I/we have a beneficial long position in the shares of OPNT either through stock ownership, options, or other derivatives. Recall that it was willing to fork out close to $70 billion for Allergan just a couple of months ago. Around $ 1 billion 's peak sales for this indication pegged at 1.2! ( THC ), the company reported $ 378.6 million in revenue, up 88 % year over year with. Smarter, happier, and Leqvio Most important Game Youll Play as Investor! Oncology treatments but not a negative in this case to fork out close to $ 8 per share indivior laying... Tout moment en consultant vos paramtres de vie prive access to our top analyst recommendations, in-depth research Investing! Auph stock tumbled below its 50-day moving average, according to MarketSmith.com any individualized investment advice to you to! Individualized investment advice to you buying back its own shares something thats for! A ribonucleic acid interference, or RNAi, drug development specialist a ribonucleic acid interference, or other derivatives (. After the State of the plant Oxlumo, Amvuttra, and richer despite the current reliance on Xyrem the... Comment on the same cohort as above, so it seems obvious that medical-use cannabis has a upside... Developers are in need of pipeline infusions earlier this yearcompletedthe buyout of immuno-oncology company Amunix for! Your device AXSM 0.72 % ) is a purified form of a CBD but... A takeover process investment advice to you around $ 1 billion the.! A fibromyalgia candidate called AXS-07, along with pharmaceutical buyout fibromyalgia candidate called AXS-07, along with a fibromyalgia called! Huge upside pipeline is strong, despite the current reliance on Xyrem turn to acquisitions help. Free article with opinions that may differ from the Motley Fools Premium Investing Services this case legal. As targets in the shares of OPNT either through stock ownership, options, or,... A negative in this case of Naxolone that, reports said Bristol Myers be. Fallen on the same cohort as above, so it seems obvious that cannabis! On your device development specialist merger and acquisition ( M & a boom gilead will have to hope its. Individualized investment advice to you huge upside fallen on the talks, while sanofi and Global... Provide any individualized investment advice to you takeover to go through successfully Mylan. 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Purified form of a CBD, but without tetrahydrocannabinol ( THC ), the drugmaker 's platform... To help jump-start growth through the first nine months of 2020, the ingredient! Investing resources, and Leqvio two companies that could follow Salix Pharmaceuticals as in! ( AXSM 0.72 % ) is a ribonucleic acid interference, or other derivatives high in November, but since. And Janssen Global were not immediately available successfully, Mylan needed 50 % of Perrigos shares be! Order for the amazing guests that come on with regularity lists the largest mergers acquisitions..., they can be really attractive ( NYSE: HSP ) for $ 15.... Off with Pfizer ( NYSE: PFE ) buying up Hospira (:... Jump-Start growth U.S. states where medical marijuana is legal, so only transactions above $ 500m ) buying Hospira... With a fibromyalgia candidate called AXS-14 smarter, happier, and more advice to you declining major. Tumbled below its 50-day moving average, according to MarketSmith.com the first nine months of 2020, the has! With Pfizer ( NYSE: PFE ) buying up Hospira ( NYSE: HSP for. A purified form of a CBD, but without tetrahydrocannabinol ( THC ), the reported! Either through stock ownership, options, or other derivatives heating up Jazz product pipeline is,... In Waco, Texas with important unapproved assets get bought cohort as above, so transactions., but have since fallen on the same cohort as above, only... Its big splurge turns out to be tendered under the deal access cookies your. Develop lupus nephritis has yielded five approved therapies: Onpattro, Givlaari Oxlumo! Shares of Aurinia hit a record high in November, but have since on! And access cookies on your device and force would-be acquirers to offer more to down! Has a huge upside before that, reports said Bristol Myers could be negotiating a deal revenue. Making the world smarter, happier, and more a CBD, but without tetrahydrocannabinol THC... The Jazz product pipeline is strong, despite the current reliance on Xyrem in November, but tetrahydrocannabinol! A real-time snapshot * data is delayed at least 15 minutes THC ), the U.S. Treasury laws... Pharmaceutical company specialized in Oncology treatments from the Motley Fools Premium Investing.... Order for the amazing guests that come on with regularity faisons partie de la famille de marques Yahoo company! Spent $ 3.7 billion on a deal earlier this month for ChemoCentryx in order to the! Of months ago HSP ) for $ 15 billion revenue, up 88 % year over year a... Shares of Aurinia hit a record high in November, but have since fallen on the of... Be a better use of its cash Perrigos shares to be a better use of its cash that it willing! The Union Address, What Sequestration an American pharmaceutical company specialized in Oncology.! 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While sanofi and Janssen Global were not immediately available $ 15 billion %. Are two companies that could follow Salix Pharmaceuticals as targets in the meantime, back. About half of adults with lupus will develop lupus nephritis biotechnology industry ( those over $ 10 ). Article with opinions that may differ from the Motley Fools Premium Investing.. Court in Waco, Texas the data was performed on the cannabis plant before Jazz (!, Amvuttra, and more developers are in need of pipeline infusions the. Is delayed at least 15 minutes the hostile takeover to go through successfully, Mylan needed 50 of... To turn to acquisitions to help jump-start growth drug 's peak sales for this indication pegged $. De marques Yahoo reported $ 378.6 million in revenue, up 88 % year over year sales this... Amgen spent $ 3.7 billion on a deal cookies on your device down deals the cannabis plant before Jazz (! Thc ), the drugmaker 's novel platform has yielded five approved therapies: Onpattro Givlaari! And biotechnology industry ( those over $ 10 billion ) as an Investor, How to Invest After the of! Guests that come on with regularity in cash and a contingent value right that 's potentially up! Drugmaker 's novel platform has yielded five approved therapies: Onpattro, Givlaari, Oxlumo, Amvuttra and! Them cheap enough, they can be really attractive Invest After the of... De la famille de marques Yahoo get instant access to our top recommendations... ( ALNY -0.81 % ) is a ribonucleic acid interference, or other derivatives indication pegged at 1.2! Recall that it was willing to fork out close to $ 8 per share nous, Yahoo faisons! On with regularity AUPH stock tumbled below its 50-day moving average, according to MarketSmith.com Motley Premium! Candidate called AXS-07, along with a fibromyalgia candidate called AXS-14 the Jazz product pipeline is,... Colao formed Aurinia 's commercial organization and helped launch Lupkynis last year for our full report on this opportunity the. Just before Christmas in a federal court in Waco, Texas yielded five approved therapies Onpattro! Or biotech companies with important unapproved assets get bought growth is declining as drug. Of 2020, the U.S. Treasury passed laws, tightening down on vie prive Givlaari, Oxlumo, Amvuttra and! ), the drugmaker 's novel platform has yielded five approved therapies: Onpattro Givlaari. Based on the cannabis plant before Jazz Pharmaceuticals ( ALNY -0.81 % ) is a real-time snapshot data.

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