M&A Deal Summary

HotSpot Therapeutics Acquires Macroceutics

On August 23, 2019, HotSpot Therapeutics acquired life science company Macroceutics

Acquisition Highlights
  • This is HotSpot Therapeutics’ 1st transaction in the Life Science sector.
  • This is HotSpot Therapeutics’ 1st transaction in the United States.
  • This is HotSpot Therapeutics’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2019-08-23
Target Macroceutics
Sector Life Science
Buyer(s) HotSpot Therapeutics
Deal Type Add-on Acquisition

Target

Macroceutics

Monmouth Junction, New Jersey, United States
Macroceutics, Inc. is a developer of high-quality DNA-Encoded Libraries (DELs) of diverse and drug-like compounds for screening against biological targets. Macroceutics was formed in 2014 and is based in Monmouth Junction, New Jersey.

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Buyer(S) 1

Buyer

HotSpot Therapeutics

Boston, Massachusetts, United States

Category Company
Founded 2017
Sector Life Science
DESCRIPTION

HotSpot Therapeutics is a biotechnology company focused on discovering nature’s regulatory sites to advance allosteric drug discovery. HotSpot Therapeutics was formed in 2017 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1