M&A Deal Summary

Recipharm Acquires AstraZeneca - Biotech Laboratory

On November 17, 2008, Recipharm acquired life science company AstraZeneca - Biotech Laboratory from AstraZeneca

Acquisition Highlights
  • This is Recipharm’s 3rd transaction in the Life Science sector.
  • This is Recipharm’s 1st transaction in Sweden.

M&A Deal Summary

Date 2008-11-17
Target AstraZeneca - Biotech Laboratory
Sector Life Science
Buyer(s) Recipharm
Sellers(s) AstraZeneca
Deal Type Divestiture

Target

AstraZeneca - Biotech Laboratory

Södertälje, Sweden
AstraZeneca - Biotech Laboratory engages in research of proteins produced by disease genes.

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Buyer(S) 1

Buyer

Recipharm

Stockholm, Sweden

Category Company
Founded 1995
Sector Life Science
Employees7,383
DESCRIPTION

Recipharm is a global Pharma CDMO providing a full-service offering to leading Pharmaceutical companies and Biotechs globally. Recipharm was founded in 1995 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 3 of 18
Sector: Life Science M&A 3 of 12
Type: Divestiture M&A Deals 2 of 8
Country: Sweden M&A 1 of 3
Year: 2008 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-30 Laboratoires Fournier - Production Site

Fontaine-lès-Dijon, France

Laboratoires Fournier - Production Site comprises tablet, capsule and manufacturing facilities as well as a modern logistics centre.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-16 Cobra Biomanufacturing

Keele, United Kingdom

Cobra Biomanufacturing plc is a provider of biologics and pharmaceuticals contract manufacturing services. Company offers stand-alone services in the areas of cell line development, GMP cell banking, stability testing, protein characterization, bioassays, analytical services.

Buy -

Seller(S) 1

SELLER

AstraZeneca

Cambridge, United Kingdom

Category Company
Founded 1992
Sector Life Science
Employees83,100
Revenue 54.1B USD (2024)
DESCRIPTION
Main office on AstraZeneca's campus in Waltham, Massachusetts.
Main office on AstraZeneca's campus in Waltham, Massachusetts.

AstraZeneca is a global biopharmaceutical company that focuses on the discovery, development, and commercialization of prescription medicines in several major disease areas, including oncology, cardiovascular, renal & metabolism, and respiratory & immunology. AstraZeneca was founded in 1992 and is based in Cambridge, United Kingdom.


DEAL STATS #
Overall 1 of 11
Sector: Life Science M&A 1 of 7
Type: Divestiture M&A Deals 1 of 11
Country: Sweden M&A 1 of 2
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-04 DSM Biologics - Manufacturing Facility

Canada

The facility, occupying 66,000 sq. ft, will be used to manufacture antibody drug candidates for clinical trials and will serve the whole of the AstraZeneca group.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-31 Astra Tech AB

Molndal, Sweden

Astra Tech AB is a provider of dental implants, customized implant abutments, and urology and surgery products.

Sell -