Divestiture • Life Science

Helixmith Acquires Vical - GMP Facility

On August 22, 2018, Helixmith acquired life science company Vical - GMP Facility from Vical

Acquisition Context
  • This is Helixmith’s 2nd transaction in the Life Science sector.
  • This is Helixmith’s 1st transaction in the United States.
  • This is Helixmith’s 1st transaction in California.

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M&A Deal Summary

Date August 22, 2018
Target Vical - GMP Facility
Sector Life Science
Buyer(s) Helixmith
Sellers(s) Vical
Deal Type Divestiture

Target Company

Vical - GMP Facility

San Diego, California, United States
Vical Inc. - GMP Facility is a production site was used for clinical studies that included phase 3 trials in the U.S. of DNA-based investigational drugs.
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Buyer Overview 1

Buyer

Helixmith

Seoul, South Korea

Category Company
Founded 1996
Sector Life Science
Employees106
Revenue 5.0B KRW (2024)
DESCRIPTION

Helixmith is a biotechnology company develops bio-pharmaceuticals for human diseases in South Korea. Helixmith was founded in 1996 and is based in Seoul, South Korea.


Deal Context for Buyer #
Overall 2 of 2
Sector: Life Science 2 of 2
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-10 Helixir Co.

Seoul, South Korea

Helixir Co., Ltd. is a developer of nutraceuticals and pharmaceuticals from herbal medicines in the United States, Japan, the European Union, and Korea.

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Seller Profile 1

SELLER

Vical

San Diego, California, United States

Category Company
Founded 1987
Sector Life Science
Employees30
Revenue 2M USD (2018)
DESCRIPTION

Vical, Inc. develops biopharmaceutical products for the prevention and treatment of chronic or life-threatening infectious diseases, based on company patented DNA delivery technologies and other therapeutic approaches. Vical was founded in 1987 and is based in San Diego, California.


Deal Context for Seller #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1