M&A Deal Summary

Kaken Pharmaceutical Acquires Aadi Sub

On March 26, 2025, Kaken Pharmaceutical acquired life science company Aadi Sub from Whitehawk Therapeutics for 100M USD

Acquisition Highlights
  • This is Kaken Pharmaceutical’s 1st transaction in the Life Science sector.
  • This is Kaken Pharmaceutical’s largest (disclosed) transaction.
  • This is Kaken Pharmaceutical’s 1st transaction in the United States.

M&A Deal Summary

Date 2025-03-26
Target Aadi Sub
Sector Life Science
Buyer(s) Kaken Pharmaceutical
Sellers(s) Whitehawk Therapeutics
Deal Type Divestiture
Deal Value 100M USD

Target

Aadi Sub

United States
Aadi Sub provides sirolimus protein-bound particles for injectable suspension) (albumin-bound) business.

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Buyer(S) 1

Buyer

Kaken Pharmaceutical

Tokyo, Japan

Category Company
Founded 1948
Sector Life Science
Employees1,143
Revenue 72.0B JPY (2024)
DESCRIPTION

Kaken Pharmaceutical is a specialty and generic drug manufacturing company. The Company's products are mainly for nervous, circulatory, respiratory, digestive, urinary, sensory, and metabolic systems. Kaken Pharmaceutical was founded in 1948 and is based in Tokyo, Japan.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Whitehawk Therapeutics

United States

Category Company
Founded 2007
Sector Life Science
Revenue 24M USD (2023)
DESCRIPTION

Whitehawk Therapeutics is a preclinical stage oncology therapeutics company applying advanced technologies to established tumor biology to efficiently deliver improved cancer treatments. Whitehawk's advanced three-asset ADC portfolio is engineered to overcome the limitations of first-generation predecessors to deliver a meaningful impact for patients with difficult-to-treat cancers. Whitehawk Therapeutics was founded in 2007 and is headquartered in Morristown, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
Size (of disclosed) 1 of 1