M&A Deal Summary

Chronos Therapeutics Acquires Shire - Pre-clinical Programmes

On July 20, 2016, Chronos Therapeutics acquired life science company Shire - Pre-clinical Programmes from Shire

Acquisition Highlights
  • This is Chronos Therapeutics’ 1st transaction in the Life Science sector.
  • This is Chronos Therapeutics’ 1st transaction in Ireland.

M&A Deal Summary

Date 2016-07-20
Target Shire - Pre-clinical Programmes
Sector Life Science
Buyer(s) Chronos Therapeutics
Sellers(s) Shire
Deal Type Divestiture

Target

Shire - Pre-clinical Programmes

Ireland
Shire Plc - Pre-clinical Programmes is a provider of targeting Central Nervous System (CNS) diseases. Pre-clinical Programmes includes Amyotrophic Lateral Sclerosis, Multiple Sclerosis and Fatigue, and Addictive Behaviours.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Chronos Therapeutics

Oxford, United Kingdom

Category Company
Sector Life Science
DESCRIPTION

Chronos Therapeutics Ltd. is a privately held biotechnology company focused on diseases of ageing, brain and nervous system disorders. Chronos has a dedicated laboratory in Oxford, which screens for activity of drugs in brain disease through its proprietary platform, Chronoscreen[TM].


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Shire

Dublin, Ireland

Category Company
Founded 1986
Sector Life Science
Employees5,548
Revenue 6.4B USD (2015)
DESCRIPTION

Shire plc is a global specialty biopharmaceutical company. Shire plc strive to develop best-in-class therapies across a core of rare disease areas including hematology, immunology, genetic diseases, neuroscience, and internal medicine with growing therapeutic areas in ophthalmics and oncology. Our diversified capabilities enable us to reach patients in more than 100 countries who are struggling to live their lives to the fullest.


DEAL STATS #
Overall 2 of 3
Sector: Life Science M&A 2 of 2
Type: Divestiture M&A Deals 2 of 3
Country: Ireland M&A 1 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-11 Baxalta

Deerfield, Illinois, United States

Baxalta Incorporated is a global biopharmaceutical company developing, manufacturing and commercializing therapies for orphan diseases and underserved conditions in hematology, oncology and immunology.

Buy $32.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-04 Shire - MRT platform

Dublin, Ireland

Shire plc - MRT platform is a mRNA therapy platform.

Sell -