Investment Summary

Auven Therapeutics and MedImmune Exits ADC Therapeutics

On May 11, 2020, invested in life science company ADC Therapeutics from Auven Therapeutics and MedImmune

Investment Highlights
  • This is transaction in the Life Science sector.
  • This is transaction in Switzerland.

Investment Summary

Date 2020-05-11
Target ADC Therapeutics
Sector Life Science
Sellers(s) Auven Therapeutics
MedImmune
Deal Type IPO

Target

ADC Therapeutics

Epalinges, Switzerland
ADC Therapeutics a late clinical-stage oncology-focused biotechnology company pioneering the development and commercialization of highly potent and targeted antibody drug conjugates for patients suffering from hematological malignancies and solid tumors. ADC Therapeutics was founded in 2011 and is based in Epalinges, Switzerland.

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Seller(S) 2

DESCRIPTION

Auven Therapeutics is a private equity firm focused on investing in life science companies. Auven looks to acquire controlling ownership in promising therapeutic products or platforms and develop programs to selling them as clinically and commercially validated products to established pharmaceutical companies. Auven Therapeutics was established in 2007 and is headquartered in St. Thomas, US Virgin Islands.


DEAL STATS #
Overall 4 of 4
Sector: Life Science M&A 3 of 3
Type: IPO M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-26 Ocular Technologies Sarl

Lyme Park, South Africa

Ocular Technologies Sarl is a specialist enterprise communications company and turnkey services provider. The company has made its mark at the forefront of the industry as a preferred partner for large-scale corporates, SMMEs and government affiliates alike.

Sell $40M
SELLER

MedImmune

Gaithersburg, Maryland, United States

Category Company
Founded 1988
Sector Medical Products
Employees2,000
DESCRIPTION

MedImmune strives to provide better medicines to patients, new medical options for physicians, rewarding careers to employees, and increased value to shareholders. Dedicated to advancing science and medicine to help people live better lives, the company is focused on the areas of infectious diseases, cancer and inflammatory diseases. With approximately 2,000 employees worldwide, MedImmune is headquartered in Maryland.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: IPO M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-15 Spirogen

London, United Kingdom

The Spirogen group was founded in 2001 as a spin-out from several institutions including University College London and with partial funding by Cancer Research UK. It is majority owned by Auven Therapeutics. It has developed a novel class of highly potent cytotoxic warheads based on its proprietary pyrrolobenzodiazepines (PBDs), DNA minor groove binding agents, which bind and cross-link specific sites of DNA of the cancer cell.

Buy $240M