M&A Deal Summary

ATAI Life Sciences AG Acquires Psyber

On April 7, 2021, ATAI Life Sciences AG acquired life science company Psyber

Acquisition Highlights
  • This is ATAI Life Sciences AG’s 3rd transaction in the Life Science sector.
  • This is ATAI Life Sciences AG’s 2nd transaction in the United States.
  • This is ATAI Life Sciences AG’s 1st transaction in Delaware.

M&A Deal Summary

Date 2021-04-07
Target Psyber
Sector Life Science
Buyer(s) ATAI Life Sciences AG
Deal Type Add-on Acquisition

Target

Psyber

Delaware, United States
Psyber is a developer of an interventions to improve various mental health disorders and induce behavioural changes through brain computer interface (BCI)-enabled digital therapeutics (DTx). Psyber is based in Delaware.

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Buyer(S) 1

Buyer

ATAI Life Sciences AG

Munchen, Germany

Category Company
Sector Life Science
DESCRIPTION

ATAI Life Sciences AG is a global biotech platform and company builder working to address significant unmet medical needs rooted in a lack of innovation in neuropsychiatry. ATAI Life Sciences is based in München, Germany.


DEAL STATS #
Overall 3 of 3
Sector: Life Science M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Delaware M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-12 Recognify

Berlin, Germany

Recognify is an entity developing a treatment for Cognitive Impairment Associated with Schizophrenia ("CIAS"). Recognify's lead compound, "RL-007", previously called FSV7-007, has exhibited a modulating effect on three mechanisms that are central to learning and memory: the cholinergic, NMDA, and GABA type B receptor systems.

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