M&A Deal Summary

Pfizer Acquires Lucira

On April 28, 2023, Pfizer acquired medical products company Lucira for 36M USD

Acquisition Highlights
  • This is Pfizer’s 2nd transaction in the Medical Products sector.
  • This is Pfizer’s 24th largest (disclosed) transaction.
  • This is Pfizer’s 32nd transaction in the United States.
  • This is Pfizer’s 14th transaction in California.

M&A Deal Summary

Date 2023-04-28
Target Lucira
Sector Medical Products
Buyer(s) Pfizer
Deal Type Special Situations/Distressed
Deal Value 36M USD

Target

Lucira

Emeryville, California, United States
Lucira is a medical technology company that focuses on the development and commercialization of infectious disease test kits. It develops a testing platform that provides molecular testing services. Lucira was founded in 2013 and is based in Emeryville, California.

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Buyer(S) 1

Buyer

Pfizer

New York, New York, United States

Category Company
Founded 1849
Sector Life Science
Employees81,000
Revenue 63.6B USD (2024)
DESCRIPTION
Pfizer office in Lake Forest, Illinois.
Pfizer office in Lake Forest, Illinois.

Pfizer is a global pharmaceutical company that is involved in the discovery, development, manufacture, and marketing of a wide range of healthcare products, including medicines and vaccines. The company's portfolio includes treatments across a broad spectrum of areas such as oncology, cardiology, neurology, and infectious diseases, among others. Pfizer was founded in 1849 and is based in New York, New York.


DEAL STATS #
Overall 45 of 46
Sector: Medical Products M&A 2 of 2
Type: Special Situations/Distressed M&A Deals 1 of 1
State: California M&A 14 of 14
Country: United States M&A 32 of 33
Year: 2023 M&A 2 of 2
Size (of disclosed) 24 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-13 Seagen

Bothell, Washington, United States

Seagen is a biotechnology company provides an antibody-drug conjugate (ADC) technology harnesses the targeting ability of antibodies to deliver cell-killing agents directly to cancer cells. Seattle Genetics commercializes ADCETRIS (brentuximab vedotin) for the treatment of several types of CD30-expressing lymphomas. Seattle was founded in 1997 and is based in Bothell, Washington.

Buy $43.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-22 Metsera

New York, New York, United States

Metsera is a clinical-stage biopharmaceutical company accelerating medicines for obesity and metabolic diseases. The company is advancing a broad portfolio of oral and injectable incretin, non-incretin, and combination therapies with potential best-in-class profiles to address multiple therapeutic targets and meet the future needs of a rapidly evolving weight loss treatment landscape. Metsera was founded in 2022 and is based in New York City.

Buy $4.9B