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Ligand buys Metabasis for cash and CVRs

Executive Summary

Ligand Pharmaceuticals is acquiring fellow public company Metabasis Therapeutics (mainly focused on metabolic disorders and liver diseases) for $3.2mm in cash up front, less Metabasis' estimated net liabilities (about $1.3mm) and an undisclosed amount that will be put into the stockholders' representative's fund.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Site Specific
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Includes Earnout
    • Intra-Biotech Deal
    • Payment Includes Cash

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