M&A Deal Summary

Midatech Pharma Acquires Galena Biopharma - Zuplenz

On December 30, 2015, Midatech Pharma acquired medical products company Galena Biopharma - Zuplenz from Galena Biopharma

Acquisition Highlights
  • This is Midatech Pharma’s 1st transaction in the Medical Products sector.
  • This is Midatech Pharma’s 2nd transaction in the United States.

M&A Deal Summary

Date 2015-12-30
Target Galena Biopharma - Zuplenz
Sector Medical Products
Buyer(s) Midatech Pharma
Sellers(s) Galena Biopharma
Deal Type Divestiture

Target

Galena Biopharma - Zuplenz

United States
Galena Biopharma - Zuplenz® (ondansetron) Oral Soluble Film, is approved by the U.S. Food and Drug Administration for use in adult patients for the prevention of highly and moderately emetogenic chemotherapy-induced nausea and vomiting (CINV), radiotherapy-induced nausea and vomiting (RINV), and post-operative nausea and vomiting (PONV)

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Buyer(S) 1

Buyer

Midatech Pharma

Cardiff, United Kingdom

Category Company
Founded 2000
Sector Life Science
Employees18
Revenue 8M GBP (2017)
DESCRIPTION

Midatech is a nanomedicine company focused on the development and commercialisation of multiple, high-value, targeted therapies for major diseases with unmet medical need. Midatech Pharma was founded in 2000 and is based in Cardiff, the United Kingdom.


DEAL STATS #
Overall 3 of 3
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 2 of 2
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-02 DARA BioSciences

Raleigh, North Carolina, United States

DARA BioSciences, Inc. is a clinical stage pharmaceutical development company that acquires high quality, promising therapeutic molecules in early stage development (late pre-clinical or Phase 1).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-12 Fortovia Therapeutics

Raleigh, North Carolina, United States

Fortovia Therapeutics is a pharmaceutical company focused on oncology supportive care, with five marketed products in their portfolio. These products help patients manage the impact of their cancer as well as the side effects of their cancer therapies. Fortovia Therapeutics was founded in 2002 and is based in Raleigh, North Carolina.

Sell $19M

Seller(S) 1

SELLER

Galena Biopharma

San Ramon, California, United States

Category Company
Founded 2003
Sector Life Science
Employees22
Revenue 9M USD (2014)
DESCRIPTION

Galena Biopharma, Inc. is a biopharmaceutical company developing and commercializing innovative, targeted oncology treatments that address major unmet medical needs to advance cancer care.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Galena Biopharma - Zuplenz

United States

Galena Biopharma - Zuplenz® (ondansetron) Oral Soluble Film, is approved by the U.S. Food and Drug Administration for use in adult patients for the prevention of highly and moderately emetogenic chemotherapy-induced nausea and vomiting (CINV), radiotherapy-induced nausea and vomiting (RINV), and post-operative nausea and vomiting (PONV)

Buy -