M&A Deal Summary

Conatus Pharmaceuticals Acquires IDUN Pharmaceuticals

On August 2, 2010, Conatus Pharmaceuticals acquired life science company IDUN Pharmaceuticals from Pfizer

Acquisition Highlights
  • This is Conatus Pharmaceuticals’ 1st transaction in the Life Science sector.
  • This is Conatus Pharmaceuticals’ 1st transaction in the United States.
  • This is Conatus Pharmaceuticals’ 1st transaction in California.

M&A Deal Summary

Date 2010-08-02
Target IDUN Pharmaceuticals
Sector Life Science
Buyer(s) Conatus Pharmaceuticals
Sellers(s) Pfizer
Deal Type Divestiture

Target

IDUN Pharmaceuticals

San Diego, California, United States
IDUN Pharmaceuticals, Inc. is a pharmaceutical company.

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Buyer(S) 1

Buyer

Conatus Pharmaceuticals

San Diego, California, United States

Category Company
Founded 2005
Sector Life Science
Employees30
Revenue 22M USD (2019)
DESCRIPTION

Conatus Pharmaceuticals is a biotechnology company focused on the development and commercialization of novel medicines to treat liver disease. Conatus Pharmaceuticals was founded in 2005 and is based in San Diego, California.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1

Seller(S) 1

SELLER

Pfizer

New York, New York, United States

Category Company
Founded 1849
Sector Life Science
Employees81,000
Revenue 63.6B USD (2024)
DESCRIPTION
Pfizer office in Lake Forest, Illinois.
Pfizer office in Lake Forest, Illinois.

Pfizer is a global pharmaceutical company that is involved in the discovery, development, manufacture, and marketing of a wide range of healthcare products, including medicines and vaccines. The company's portfolio includes treatments across a broad spectrum of areas such as oncology, cardiology, neurology, and infectious diseases, among others. Pfizer was founded in 1849 and is based in New York, New York.


DEAL STATS #
Overall 7 of 19
Sector: Life Science M&A 4 of 14
Type: Divestiture M&A Deals 7 of 15
State: California M&A 1 of 2
Country: United States M&A 4 of 13
Year: 2010 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-12 Pfizer - Veterinary Products

Australia

Virbac will acquire rights to a portfolio of livestock products historically marketed in Australia by Fort Dodge Animal Health for use in farm animals, primarily cattle and sheep.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-06 FoldRx Pharmaceuticals

Cambridge, Massachusetts, United States

FoldRx Pharmaceuticals is a development and discovery company focusing on first-in-class, disease-modifying, small molecule therapeutics to treat diseases of protein misfolding and aggregation (amyloidosis). The Company's lead product, FX-4006, has begun a Phase II/III study in familial amyloid polyneuropathy. FoldRx Pharmaceuticals was founded in 2003 and is based in Cambridge, Massachusetts.

Buy -