M&A Deal Summary

AstraZeneca Acquires Alexion Pharmaceuticals

On December 12, 2020, AstraZeneca acquired life science company Alexion Pharmaceuticals for 39.0B USD

Acquisition Highlights
  • This is AstraZeneca’s 12th transaction in the Life Science sector.
  • This is AstraZeneca’s largest (disclosed) transaction.
  • This is AstraZeneca’s 8th transaction in the United States.
  • This is AstraZeneca’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2020-12-12
Target Alexion Pharmaceuticals
Sector Life Science
Buyer(s) AstraZeneca
Deal Type Add-on Acquisition
Deal Value 39.0B USD
Advisor(s) BofA Securities (Financial)
Wachtell, Lipton, Rosen & Katz (Legal)

Target

Alexion Pharmaceuticals

Boston, Connecticut, United States
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.

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Buyer(S) 1

Buyer

AstraZeneca

Cambridge, United Kingdom
Category Company
Founded 1992
Sector Life Science
Employees83,100
Revenue 45.8B USD (2023)
DESCRIPTION
Main office on AstraZeneca's campus in Waltham, Massachusetts.
Main office on AstraZeneca's campus in Waltham, Massachusetts.

AstraZeneca is a global biopharmaceutical company that focuses on the discovery, development, and commercialization of prescription medicines in several major disease areas, including oncology, cardiovascular, renal & metabolism, and respiratory & immunology. The Company's aim is to improve the health and quality of life of patients around the world through medicines, treatment solutions, and accessibility to healthcare. AstraZeneca is involved in both the research and development (R&D) and manufacturing of drugs to address critical areas of unmet medical need. AstraZeneca was founded in 1992 and is based in Cambridge, United Kingdom.

DEAL STATS #
Overall 14 of 19
Sector (Life Science) 12 of 17
Type (Add-on Acquisition) 10 of 15
State (Connecticut) 1 of 1
Country (United States) 8 of 10
Year (2020) 2 of 2
Size (of disclosed) 1 of 17
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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
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Mergr

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Company

Legal