M&A Deal Summary

Oxford Immunotec Global Acquires Immunetics

On October 12, 2016, Oxford Immunotec Global acquired life science company Immunetics for 6M USD

Acquisition Highlights
  • This is Oxford Immunotec Global’s 1st transaction in the Life Science sector.
  • This is Oxford Immunotec Global’s 3rd largest (disclosed) transaction.
  • This is Oxford Immunotec Global’s 3rd transaction in the United States.
  • This is Oxford Immunotec Global’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2016-10-12
Target Immunetics
Sector Life Science
Buyer(s) Oxford Immunotec Global
Deal Type Add-on Acquisition
Deal Value 6M USD

Target

Immunetics

Boston, Massachusetts, United States
Immunetics, Inc. is a diagnostics company focused on developing specialized tests for infectious diseases, such as Lyme disease.

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Buyer(S) 1

Buyer

Oxford Immunotec Global

Abingdon, United Kingdom

Category Company
Founded 2002
Sector Medical Products
Employees260
Revenue 74M USD (2019)
DESCRIPTION

Oxford Immunotec Global PLC is a global, high-growth diagnostics company focused on developing and commercializing proprietary tests for the management of immune-regulated conditions. The Company’s first product is the T-SPOT.TB test, which is used to test for tuberculosis infection. The T-SPOT.TB test has been approved for sale in over 50 countries, including the United States, where it has received pre-market approval from the Food and Drug Administration, Europe, where it has obtained a CE mark, as well as Japan and China. The T-SPOT.CMV test and the T-SPOT.PRT test are the Company’s second and third products and part of a series of products intended for the transplantation market. In addition to these three products, the Company has an additional six active development programs, each of which leverages our T cell, B cell and innate immune measuring technology. Oxford Immunotec Global was founded in 2002 and is based in Abingdon, the United Kingdom.


DEAL STATS #
Overall 3 of 3
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Massachusetts M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2016 M&A 2 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-23 Imugen

Norwood, Massachusetts, United States

Imugen, Inc. is a clinical and research laboratory located in Norwood, Massachusetts with over 25 years’ experience in the development and performance of specialized assays for tick-borne infections. Imugen is certified under the Clinical Laboratory Improvement Amendments (CLIA) and accredited by the College of American Pathologists (CAP) and is licensed as a clinical laboratory in Massachusetts, New York, Pennsylvania, Rhode Island and Maryland.

Buy $22M