M&A Deal Summary

Achieve Life Sciences Acquires Achieve Life Science

On January 5, 2017, Achieve Life Sciences acquired life science company Achieve Life Science

Acquisition Highlights
  • This is Achieve Life Sciences’ 1st transaction in the Life Science sector.
  • This is Achieve Life Sciences’ 1st transaction in the United States.

M&A Deal Summary

Date 2017-01-05
Target Achieve Life Science
Sector Life Science
Buyer(s) Achieve Life Sciences
Deal Type Merger
Advisor(s) Paul Hastings (Legal)

Target

Achieve Life Science

United States
Achieve Life Science, Inc. is a privately held specialty pharmaceutical company. Achieve is developing cytisine as a smoking cessation aid. Cytisine is a plant-based alkyloid with a high binding affinity to the nicotinic acetylcholine receptor.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Achieve Life Sciences

Vancouver, British Columbia, Canada

Category Company
Sector Life Science
Employees25
Revenue 5M USD (2016)
DESCRIPTION

Achieve Life Sciences is a biopharmaceutical company committed to the development and commercialization of new therapies that address treatment resistance in cancer patients. The company's lead compound, apatorsen (OGX-427), is designed to inhibit production of Hsp27, disable cancer cells' defenses and overcome treatment resistance. Hsp27 is an intracellular protein that protects cancer cells by helping them survive, leading to resistance and more aggressive cancer phenotypes. Both the potential single-agent activity and synergistic activity of apatorsen with cancer treatments may increase the overall benefit of existing therapies and augment the durability of treatment outcomes, which could lead to increased patient survival. Achieve Life Sciences is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1