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BMS buys partner ZymoGenetics for $840.6mm

24 Sep 2010

Executive Summary

Bristol-Myers Squibb Co. has acquired publicly traded ZymoGenetics Inc. for $840.6mm, paying just over six times the large-molecule drug developer's 2009 sales. BMS is spending $9.75 (a 90% premium) for each of Zymo's 86.2mm shares outstanding.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Cash

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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