M&A Deal Summary

Alloy Therapeutics Acquires Spannerwerks

On October 23, 2025, Alloy Therapeutics acquired life science company Spannerwerks

Acquisition Highlights
  • This is Alloy Therapeutics’ 2nd transaction in the Life Science sector.
  • This is Alloy Therapeutics’ 1st transaction in the United States.
  • This is Alloy Therapeutics’ 1st transaction in Washington.

M&A Deal Summary

Date 2025-10-23
Target Spannerwerks
Sector Life Science
Buyer(s) Alloy Therapeutics
Deal Type Add-on Acquisition

Target

Spannerwerks

Seattle, Washington, United States
Spannerwerks provides product development consulting that enables drug companies to execute throughout the drug development process. The company supports clients with hands-on support in situations when experience, expertise, and execution matter, such as filing an IND, starting up a clinical study, or preparing for commercialization. It partners with in-house teams, filling in resource gaps, integrating workstreams, and driving projects forward. Spannerwerks is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Alloy Therapeutics

Lexington, Massachusetts, United States

Category Company
Sector Life Science
DESCRIPTION

Alloy Therapeutics is a biotechnology ecosystem company empowering the global scientific community to make better medicines together. Through a community of partners, Alloy democratizes access to tools, technologies, services, and company creation capabilities that are foundational for discovering and developing therapeutic biologics. Alloy Therapeutics is based in Lexington, Massachusetts.


DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-09 deepCDR Biologics

Basel-Town, Switzerland

deepCDR Biologics is a developer of deep learning technology for antibody discovery and optimization. deepCDR Biologics was founded in 2019 and is based in Basel-Town, Switzerland.

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