M&A Deal Summary

Cubist Pharmaceuticals Acquires Illumigen Biosciences

On December 26, 2007, Cubist Pharmaceuticals acquired life science company Illumigen Biosciences

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

M&A Deal Summary

Date 2007-12-26
Target Illumigen Biosciences
Sector Life Science
Buyer(s) Cubist Pharmaceuticals
Deal Type Add-on Acquisition

Target

Illumigen Biosciences

Seattle, Washington, United States
Illumigen Biosciences, Inc. discovers beneficial human genetic mutations that might provide a roadmap for novel therapeutic drug mechanisms.

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Buyer(S) 1

Buyer

Cubist Pharmaceuticals

Lexington, Massachusetts, United States

Category Company
Founded 1992
Sector Life Science
Employees900
Revenue 1.1B USD (2013)
DESCRIPTION

Cubist Pharmaceuticals, Inc. is a bio-pharmaceutical company focused on the research, commercial­ization and creation of pharmaceutical products that address unmet medical needs in the acute care environment.


DEAL STATS #
Overall 1 of 5
Sector (Life Science) 1 of 5
Type (Add-on Acquisition) 1 of 5
State (Washington) 1 of 1
Country (United States) 1 of 5
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-14 Calixa Therapeutics

San Diego, California, United States

Calixa Therapeutics, Inc. is a biopharmaceutical company focused on the development of novel antibiotics that address the expanding problem of multi-drug resistant Gram-negative pathogens.

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