M&A Deal Summary

Onconetix Acquires Proteomedix

On December 18, 2023, Onconetix acquired life science company Proteomedix

Acquisition Highlights
  • This is Onconetix’s 1st transaction in the Life Science sector.
  • This is Onconetix’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2023-12-18
Target Proteomedix
Sector Life Science
Buyer(s) Onconetix
Deal Type Add-on Acquisition
Advisor(s) Tungsten Advisors (Financial)

Target

Proteomedix

Schlieren, Switzerland
Proteomedix is a healthcare company whose mission is to transform prostate cancer diagnosis. The company has identified novel biomarker signatures with utility in prostate cancer diagnosis, prognosis, and therapy management. Its product Proclarix is a blood-based prostate cancer test panel and risk score currently available in Europe and expected to be available in the U.S. Proteomedix is based in Schlieren, Switzerland.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Onconetix

Cincinnati, Ohio, United States

Category Company
Founded 2018
Sector Life Science
Employees5
Revenue 3M USD (2024)
DESCRIPTION

Onconetix is a commercial stage biotechnology company focused on the research, development, and commercialization of proprietary therapeutics, diagnostics, and services for clinicians and patients for oncology. The Company currently has Entadfi, an FDA approved, oral therapeutic for the treatment of benign prostatic hyperplasia (BPH), a disorder of the prostate, and Proclarix, an advanced proprietary diagnostic system for screening and diagnosis for men with indeterminate Prostate Specific Antigen (PSA) assessments in prostate cancer oncology. Onconetix was founded in 2018 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2023 M&A 1 of 1