M&A Deal Summary

Merck Acquires Themis Bioscience

On May 26, 2020, Merck acquired life science company Themis Bioscience

Acquisition Highlights
  • This is Merck’s 21st transaction in the Life Science sector.
  • This is Merck’s 1st transaction in Austria.

M&A Deal Summary

Date 2020-05-26
Target Themis Bioscience
Sector Life Science
Buyer(s) Merck
Deal Type Add-on Acquisition

Target

Themis Bioscience

Vienna, Austria
Themis Bioscience GmbH is a developer of immunomodulation therapies for infectious diseases and cancer. Through advanced understanding of immune system mechanisms, the company has built a sophisticated and versatile technology platform for the discovery, development and production of vaccines as well as other immune system activation approaches. Themis Bioscience is based in Vienna, Austria.

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Buyer(S) 1

Buyer

Merck

Rahway, New Jersey, United States

Category Company
Founded 1891
Sector Life Science
Employees70,000
Revenue 64.2B USD (2024)
DESCRIPTION
Merck office in Palo Alto, California.
Merck office in Palo Alto, California.

Merck is a global healthcare company that delivers health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. The Company’s operations are comprised of four operating segments: Pharmaceutical, Animal Health, Consumer Care and Alliances. Its Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the Company or through joint ventures. Human health pharmaceutical products consist of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. Vaccine products consist of preventive pediatric, adolescent and adult vaccines, primarily administered at physician offices. The Company also has animal health operations that discover, develop, manufacture and market animal health products, including vaccines, which the Company sells to veterinarians, distributors and animal producers. Additionally, the Company has consumer care operations that develop, manufacture and market over-the-counter, foot care and sun care products. Merck was established in 1891 and is based in Rahway, New Jersey.


DEAL STATS #
Overall 24 of 37
Sector: Life Science M&A 21 of 34
Type: Add-on Acquisition M&A Deals 23 of 35
Country: Austria M&A 1 of 1
Year: 2020 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-13 Virbac SA - SENTINEL U.S. Rights

New Jersey, United States

Virbac SA - SENTINEL U.S. Rights comprises two canine products Sentinel Flavor Tabs and Sentinel Spectrum which provides protection against 5 different kinds of parasites.

Buy $400M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-05 VelosBio

San Diego, California, United States

VelosBio, Inc. is a clinical-stage biopharmaceutical company committed to transforming the lives of patients with cancer by developing first-in-class therapies targeting ROR1. Its lead candidate, VLS-101, is a ROR1-directed ADC being developed for patients with hematologic malignancies and solid tumors. The company is utilizing its ROR1-targeting antibody-based technology to develop a pipeline of ADCs and bispecific antibody product candidates for the treatment of hematologic malignancies and solid tumors. VelosBio was founded in 2017 and is based in San Diego, California.

Buy $2.8B