M&A Deal Summary

Genentech Acquires Jecure Therapeutics

On November 27, 2018, Genentech acquired life science company Jecure Therapeutics

Acquisition Highlights
  • This is Genentech’s 3rd transaction in the Life Science sector.
  • This is Genentech’s 3rd transaction in the United States.
  • This is Genentech’s 2nd transaction in California.

M&A Deal Summary

Date 2018-11-27
Target Jecure Therapeutics
Sector Life Science
Buyer(s) Genentech
Deal Type Add-on Acquisition

Target

Jecure Therapeutics

San Diego, California, United States
Jecure Therapeutics, Inc. is a biotechnology company with novel drug discovery programs targeting serious inflammatory diseases. Jecure Therapeutics, Inc. was founded in 2016 and is based in San Diego, California.

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Buyer(S) 1

Buyer

Genentech

San Francisco, California, United States

Category Company
Founded 1976
Sector Life Science
DESCRIPTION

Genentech is a biotechnology company that discovers, develops, manufactures and commercializes medicines to treat patients with serious or life-threatening medical conditions. The Company is based in San Francisco.


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 2 of 2
Country: United States M&A 3 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 Seragon Pharmaceuticals

San Diego, California, United States

Founded in 2013, Seragon is focused on the development of selective estrogen receptor degraders (SERDs) for hormone receptor-driven cancers. SERDs are designed to bind the estrogen receptor and function as antagonists, and to induce conformational changes that may result in degradation of the receptor itself.

Buy $725M