M&A Deal Summary

PanTheryx Acquires TruBiotics

On March 1, 2021, PanTheryx acquired life science company TruBiotics from Bayer

Acquisition Highlights
  • This is PanTheryx’s 2nd transaction in the Life Science sector.
  • This is PanTheryx’s 4th transaction in the United States.
  • This is PanTheryx’s 1st transaction in Florida.

M&A Deal Summary

Date 2021-03-01
Target TruBiotics
Sector Life Science
Buyer(s) PanTheryx
Sellers(s) Bayer
Deal Type Divestiture

Target

TruBiotics

Boca Raton, Florida, United States
TruBiotics contains a proprietary blend of two probiotic strains Bifidobacterium animalis BB-12 and Lactobacillus acidophilus LA-5 which is one of the most researched combinations of probiotic strains. Two types of beneficial bacteria found in the gut Bifidobacteria and Lactobacillus are important for both digestive and immune health support.

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Buyer(S) 1

Buyer

PanTheryx

Boulder, Colorado, United States

Category Company
Founded 2007
Sector Life Science
DESCRIPTION

PanTheryx is a global medical nutrition company and is dedicated to improving global health and quality of life through innovative life science. Utilizing its broad-based proprietary technology platform, PanTheryx is focused on the development and commercialization of medical nutrition products that target the gastrointestinal microbiome. PanTheryx was established in 2007 and is based in Boulder, Colorado.


DEAL STATS #
Overall 4 of 4
Sector: Life Science M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-14 Goodgut

Palo Alto, California, United States

Goodgut is a manufacturer of prebiotic supplements to help people lead better, healthier lives. Goodgut proprietary, active ingredient Preliva has been shown to help manage digestive distress and sustain digestive health.

Buy -

Seller(S) 1

SELLER

Bayer

Leverkusen, Germany

Category Company
Founded 1863
Sector Life Science
Employees89,556
Revenue 46.6B EUR (2024)
DESCRIPTION
Bayer office building in North Sydney, Australia.
Bayer office building in North Sydney, Australia.

Bayer is a global enterprise with core competencies in the fields of health care, agriculture and high-tech polymer materials. As an innovation company, it sets trends in research-intensive areas. Bayer’s products and services are designed to benefit people and improve the quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer was founded in 1863 and is based in Leverkusen, Germany.


DEAL STATS #
Overall 16 of 23
Sector: Life Science M&A 3 of 6
Type: Divestiture M&A Deals 12 of 19
State: Florida M&A 1 of 1
Country: United States M&A 5 of 7
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-26 AskBio

Research Triangle Park, North Carolina, United States

Asklepios BioPharmaceutical, Inc. is a clinical-stage gene therapy platform company dedicated to improving the lives of children and adults with rare genetic disorders. AskBio’s gene therapy platform includes an industry-leading proprietary cell line manufacturing process known as Pro10TM and an extensive AAV capsid library. AskBio maintains a portfolio of clinical programs across a range of indications including Pompe, Limb-Girdle Muscular Dystrophy, Cystic Fibrosis, Myotonic Muscular Dystrophy, Hemophilia (Chatham Therapeutic/Takeda) and Duchenne Muscular Dystrophy (Bamboo Therapeutics/Pfizer). AskBio was established in 2001 and is based in Research Triangle Park, North Carolina.

Buy $2.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-07 Bayer Wuppertal

Wuppertal, China

Bayer Wuppertal produces around 20 active ingredients for the world market in the plant and the processes are sustainably developed. Bayer Wuppertal site consists of four parts of the plant: the plant on the Wupper, the research and development center, and the works sewage treatment plant as well as a branch in Cologne.

Sell -