M&A Deal Summary

Erytech Pharma Acquires Pherecydes

On February 16, 2023, Erytech Pharma acquired leisure company Pherecydes

Acquisition Highlights
  • This is Erytech Pharma’s 1st transaction in the Leisure sector.
  • This is Erytech Pharma’s 1st transaction in France.

M&A Deal Summary

Date 2023-02-16
Target Pherecydes
Sector Leisure
Buyer(s) Erytech Pharma
Deal Type Merger

Target

Pherecydes

Romainville, France
Pherecydes is a biotechnology company that develops treatments against resistant bacterial infections, responsible for many serious infections. The Company has developed an innovative approach, precision phage therapy, based on the use of phages, and natural bacteria viruses. It is developing a portfolio of phages targeting 3 of the most resistant and dangerous bacteria, which alone account for more than two-thirds of hospital-acquired resistant infections: Staphylococcus aureus, Escherichia coli, and Pseudomonas aeruginosa. Pherecydes was formed in 2006 and in based in Romainville, France.

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Buyer(S) 1

Buyer

Erytech Pharma

Lyon, France

Category Company
Founded 2004
Sector Life Science
Employees149
Revenue 4M EUR (2016)
DESCRIPTION

Erytech Pharma is a French biopharmaceutical company providing new prospects for cancer patients, particularly those with acute leukemia and selected solid tumors. Erytech Pharma was founded in 2004 and is based in Lyon, France.


DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2023 M&A 1 of 1