Add-on Acquisition • Life Science

Pierre Fabre S.A. Acquires Vertical Bio

On September 12, 2023, Pierre Fabre S.A. acquired life science company Vertical Bio

Acquisition Context
  • This is Pierre Fabre S.A.’s 3rd transaction in the Life Science sector.
  • This is Pierre Fabre S.A.’s 1st transaction in Switzerland.

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M&A Deal Summary

Date September 12, 2023
Target Vertical Bio
Sector Life Science
Buyer(s) Pierre Fabre S.A.
Deal Type Add-on Acquisition

Target Company

Vertical Bio

Basel, Switzerland
Vertical Bio is a biotechnology company developing a novel antibody to treat certain forms of cancer. Vertical Bio is based in Basel, Switzerland.
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Buyer Overview 1

Buyer

Pierre Fabre S.A.

Paris, France

Category Company
Sector Life Science
Employees8,620
DESCRIPTION

The Pierre Fabre Group, the second largest independent laboratory in France made Research and Development its core business and the key to its future. Pierre Fabre invests 25% of its annual sales to R&D, in five major therapeutic areas in terms of public health: oncology (the priority R&D area of Pierre Fabre Médicament, with 50% of all R&D expenses), central nervous system, cardiology, internal medicine/urology, dermatology.


Deal Context for Buyer #
Overall 3 of 3
Sector: Life Science 3 of 3
Type: Add-on Acquisition 1 of 1
Country: Switzerland 1 of 1
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-23 Igenica Biotherapeutics - Immunotherapies Assets

Burlingame, California, United States

Igenica Biotherapeutics, Inc. - Immunotherapies Assets targets immune checkpoints that may reverse the resistance to existing immuno therapies.

Buy -