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Shire buys Lotus Tissue Repair for $49.3mm plus earn-outs

Executive Summary

Shire PLC is acquiring start-up biotech Lotus Tissue Repair Inc. (developing therapeutics for dermatology and wound healing) for $49.3mm in cash up front plus another $275mm in potential earn-outs based on safety and development milestones.
Deal Industry
  • Biotechnology
    • Large Molecule
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash
    • Includes Earnout
    • Acquisition of Private Biotech

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