M&A Deal Summary

Open Therapeutics Acquires Pilus Energy

On December 28, 2016, Open Therapeutics acquired life science company Pilus Energy from Tauriga Sciences

Acquisition Highlights
  • This is Open Therapeutics’ 1st transaction in the Life Science sector.
  • This is Open Therapeutics’ 1st transaction in the United States.
  • This is Open Therapeutics’ 1st transaction in Ohio.

M&A Deal Summary

Date 2016-12-28
Target Pilus Energy
Sector Life Science
Buyer(s) Open Therapeutics
Sellers(s) Tauriga Sciences
Deal Type Divestiture

Target

Pilus Energy

Cincinnati, Ohio, United States
Pilus Energy LLC is a developer of microbial solutions that clean polluting molecules from wastewater.

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Buyer(S) 1

Buyer

Open Therapeutics

Covington, Kentucky, United States

Category Company
Sector Life Science
DESCRIPTION

Open Therapeutics LLC is a developer of an open medical, biopharma, and synthetic biology-based biotechnologies. Among the technologies being freely opened to the global community are essential proteins for developing antibiotic and anticancer therapeutics, immunotherapy and oncolytics, and biomarker inducers.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Tauriga Sciences

Danbury, Connecticut, United States

Category Company
Sector Life Science
Employees3
DESCRIPTION

Tauriga Sciences, Inc. is a diversified life sciences company focused on generating profitable revenues through license agreements and the development of a proprietary technology platform in the nano-robotics space.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-14 Honeywood

California, United States

Honeywood LLC is a developer of medicinal cannabis products.

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