M&A Deal Summary

Mundipharma Acquires Cidara Therapeutics - REZZAYO

On April 24, 2024, Mundipharma acquired life science company Cidara Therapeutics - REZZAYO from Cidara Therapeutics

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

M&A Deal Summary

Date 2024-04-24
Target Cidara Therapeutics - REZZAYO
Sector Life Science
Buyer(s) Mundipharma
Sellers(s) Cidara Therapeutics
Deal Type Divestiture

Target

Cidara Therapeutics - REZZAYO

San Diego, California, United States
Cidara Therapeutics' REZZAYO is a novel once weekly echinocandin indicated for the treatment of invasive candidiasis in adults. Cidara Therapeutics' REZZAYO is based in San Diego, California.

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Buyer(S) 1

Buyer

Mundipharma

Cambridge, United Kingdom

Category Company
Founded 1952
Sector Life Science
DESCRIPTION

Mundipharma is a global network of privately-owned independent associated companies and now operates in over 120 countries worldwide. The company is focused on developing business partnerships to identify and accelerate meaningful technology across an increasingly diverse portfolio of therapy areas including respiratory, oncology, pain, and biosimilars. Mundipharma was founded in 1952 and is based in Cambridge, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector (Life Science) 2 of 2
Type (Divestiture) 2 of 2
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-10 Cinfa Biotech S.L.

Olloki, Spain

Cinfa Biotech S.L. is a developer, manufacturer of high-quality biosimilars for oncology and inflammatory diseases. Cinfa Biotech was formed in 2013 and is based in Olloki, Spain.

Buy -

Seller(S) 1

SELLER

Cidara Therapeutics

San Diego, California, United States

Category Company
Founded 2012
Sector Life Science
Employees69
Revenue 63M USD (2023)
DESCRIPTION

Cidara Therapeutics is a biotechnology company focused on the discovery, development, and commercialization of novel anti-infectives. Cidara Therapeutics was founded in 2012 and is headquartered in San Diego, California.


DEAL STATS #
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 (2024) 1 of 1