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Cubist buys Adolor for $198mm in cash plus potential earn-outs
13 Dec 2011
Executive Summary
Cubist Pharmaceuticals Inc. (therapies for the acute care market) has agreed to acquire all the outstanding shares of fellow public company Adolor Corp. (pain and gastrointestinal disorders) for about $198mm in cash. (Cubist is paying $4.25 per share, a 131% premium.)
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Includes Earnout
- Intra-Biotech Deal
- Payment Includes Cash
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