M&A Deal Summary

Baudax Bio Acquires TeraImmune

On June 30, 2023, Baudax Bio acquired life science company TeraImmune

Acquisition Highlights
  • This is Baudax Bio’s 1st transaction in the Life Science sector.
  • This is Baudax Bio’s 1st transaction in the United States.
  • This is Baudax Bio’s 1st transaction in Maryland.

M&A Deal Summary

Date 2023-06-30
Target TeraImmune
Sector Life Science
Buyer(s) Baudax Bio
Deal Type Add-on Acquisition

Target

TeraImmune

Germantown, Maryland, United States
TeraImmune is privately held a biotechnology company focused on the discovery and development of novel Treg-based cell therapies for autoimmune diseases. The company's technical assets are the expansion of human regulatory T cells in vitro and receptors targeting pathological immune cells (T cell/ B cell/ antigen-presenting cell). TeraImmune is based in Germantown, Maryland.

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Buyer(S) 1

Buyer

Baudax Bio

Malvern, Pennsylvania, United States

Category Company
Founded 2016
Sector Life Science
Employees9
Revenue 1M USD (2022)
DESCRIPTION

Baudax Bio is a pharmaceutical company focused on innovative products for acute care and related settings. The Company has a pipeline of innovative pharmaceutical assets including two clinical-stage, novel neuromuscular blocking (NMBs) agents, one that recently completed a Phase II clinical trial and an additional unique NMB undergoing a dose escalation Phase I clinical trial, as well as a proprietary chemical reversal agent specific to these NMBs. Baudax Bio was formed in 2016 and is based in Malvern, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1