M&A Deal Summary

Fulgent Acquires Fulgent Pharma

On November 7, 2022, Fulgent acquired life science company Fulgent Pharma for 100M USD

Acquisition Highlights
  • This is Fulgent’s 3rd transaction in the Life Science sector.
  • This is Fulgent’s 2nd largest (disclosed) transaction.
  • This is Fulgent’s 3rd transaction in the United States.
  • This is Fulgent’s 1st transaction in California.

M&A Deal Summary

Date 2022-11-07
Target Fulgent Pharma
Sector Life Science
Buyer(s) Fulgent
Deal Type Add-on Acquisition
Deal Value 100M USD
Advisor(s) Procopio Cory Hargreaves & Savitch (Legal)

Target

Fulgent Pharma

Temple City, California, United States
Fulgent Pharma is an independent clinical-stage, therapeutics development company focused on the development of innovative cancer treatments. Fulgent Pharma is based in Temple City, California.

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Buyer(S) 1

Buyer

Fulgent

El Monte, California, United States

Category Company
Founded 2011
Sector Life Science
Employees1,313
Revenue 283M USD (2024)
DESCRIPTION

Fulgent is a technology-based genetic testing company focused on transforming patient care in oncology, infectious and rare diseases, and reproductive health. Fulgent was founded in 2011 and is based in El Monte, California.


DEAL STATS #
Overall 3 of 3
Sector: Life Science M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-18 Inform Diagnostics

Irving, Texas, United States

Inform Diagnostics is a provider of anatomic pathology services primarily in the fields of gastroenterology, dermatology, hematology, breast health, and urology. The company's team of more than 90 distinguished expert subspecialists utilizes state-of-the-art pathology laboratories to serve more than 5,500 patients every day. Inform Diagnostics continuously improves diagnostic accuracy through consensus-based terminology and criteria, rigorous quality assurance, daily consensus conferences, extensive educational and training activities, and close relationships with clinical partners. Inform Diagnostics was formed in 1996 and is based in Irving, Texas.

Buy $170M