M&A Deal Summary

Alexion Pharmaceuticals Acquires Portola Pharmaceuticals

On May 5, 2020, Alexion Pharmaceuticals acquired life science company Portola Pharmaceuticals

Acquisition Highlights
  • This is Alexion Pharmaceuticals’ 7th transaction in the Life Science sector.
  • This is Alexion Pharmaceuticals’ 6th transaction in the United States.
  • This is Alexion Pharmaceuticals’ 2nd transaction in California.

M&A Deal Summary

Date 2020-05-05
Target Portola Pharmaceuticals
Sector Life Science
Buyer(s) Alexion Pharmaceuticals
Deal Type Add-on Acquisition
Advisor(s) Centerview Partners (Financial)
Cooley (Legal)

Target

Portola Pharmaceuticals

South San Francisco, California, United States
Portola Pharmaceuticals, Inc. is a biopharmaceutical company, discovers and develops therapeutics for cardiovascular and autoimmune diseases. Portola Pharmaceuticals was founded in 2003 and is based in South San Francisco, California.

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Buyer(S) 1

Buyer

Alexion Pharmaceuticals

Boston, Connecticut, United States

Category Company
Founded 1992
Sector Life Science
Employees3,082
Revenue 6.1B USD (2020)
DESCRIPTION

Alexion Pharmaceuticals is a biopharmaceutical company focused on developing and delivering life-transforming therapies for patients with severe and life-threatening diseases that are also ultra-rare. Patients with these devastating diseases often have no effective treatment options, and they and their families suffer with little hope. Alexion Pharmaceuticals was formed in 1992 and is based in New Haven, Connecticut.


DEAL STATS #
Overall 8 of 9
Sector (Life Science) 7 of 8
Type (Add-on Acquisition) 8 of 9
State (California) 2 of 2
Country (United States) 6 of 7
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-16 Achillion Pharmaceuticals

Blue Bell, Pennsylvania, United States

Achillion Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on advancing its oral small molecule complement inhibitors into late-stage development and commercialization. Research has shown that an overactive complement system plays a critical role in multiple disease conditions including the therapeutic areas of nephrology, hematology, ophthalmology, and neurology.

Buy $930M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-03 LogicBio Therapeutics

Lexington, Massachusetts, United States

LogicBio Therapeutics is a clinical-stage genetic medicine company pioneering genome editing and gene delivery platforms to address rare and serious diseases from infancy through adulthood. LogicBio Therapeutics is based in Lexington, Massachusetts.

Buy -