M&A Deal Summary

GC Biopharma Acquires Catalyst Biosciences - Rare Disease Pipeline in Hematology

On February 28, 2023, GC Biopharma acquired life science company Catalyst Biosciences - Rare Disease Pipeline in Hematology from Catalyst Biosciences

Acquisition Highlights
  • This is GC Biopharma’s 1st transaction in the Life Science sector.
  • This is GC Biopharma’s 1st transaction in the United States.
  • This is GC Biopharma’s 1st transaction in California.

M&A Deal Summary

Date 2023-02-28
Target Catalyst Biosciences - Rare Disease Pipeline in Hematology
Sector Life Science
Buyer(s) GC Biopharma
Sellers(s) Catalyst Biosciences
Deal Type Divestiture

Target

Catalyst Biosciences - Rare Disease Pipeline in Hematology

San Francisco, California, United States
Catalyst Biosciences - Rare Disease Pipeline in Hematology includes "Marzeptacog alfa (MarzAA)", an engineered factor VIIa which is ready for Phase 3 clinical stage development.

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Buyer(S) 1

Buyer

GC Biopharma

Gyeonggi-do, South Korea

Category Company
Sector Life Science
DESCRIPTION

GC Biopharma is a biopharmaceutical company that delivers life-saving and life-sustaining protein therapeutics and vaccines. GC Biopharma is based in Gyeonggi-do, South Korea.


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: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Catalyst Biosciences

San Francisco, California, United States

Category Company
Founded 2002
Sector Life Science
DESCRIPTION

Catalyst Biosciences, Inc. is a privately held biotechnology company focused on engineering and developing novel therapeutic protease products.


DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-24 Catalyst Biosciences - Protease Medicines

San Francisco, California, United States

Catalyst Biosciences' Protease Medicines that regulate complement, including CB 2782-PEG. Catalyst Biosciences' Protease Medicines is based in San Francisco, California.

Sell $60M