M&A Deal Summary

Sanpower Group Acquires Dendreon Pharmaceuticals  

On January 9, 2017, Sanpower Group acquired life science company Dendreon Pharmaceuticals   from Bausch Health for 820M USD

Acquisition Highlights
  • This is Sanpower Group’s 1st transaction in the Life Science sector.
  • This is Sanpower Group’s largest (disclosed) transaction.
  • This is Sanpower Group’s 1st transaction in the United States.
  • This is Sanpower Group’s 1st transaction in Washington.

M&A Deal Summary
Date 2017-01-09
Target Dendreon Pharmaceuticals  
Sector Life Science
Buyer(s) Sanpower Group
Sellers(s) Bausch Health
Deal Type Divestiture
Deal Value 820M USD

Target

Dendreon Pharmaceuticals  

Seattle, Washington, United States
Dendreon Pharmaceuticals, Inc. is a biotechnology company focused on targeting cancer and transforming lives through the discovery, development and commercialization of novel therapeutics that may significantly improve cancer treatment options for patients.

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Buyer(S) 1

Buyer

Sanpower Group

Jiangsu Province, China
Category Company
Founded 1993
Sector Diversified
DESCRIPTION

Sanpower Group has become one of the largest, privately-owned conglomerates in China. Headquartered in Nanjing, it offers a global platform for its five primary sector groups: Health & Wellness, Information Services, Consumer & Retail, Financial Services, and Real Estate. Sanpower Group has controlling stakes in more than 100 subsidiaries and has a 90,000-strong global workforce, including 30,000 based internationally.

DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Bausch Health

Laval, Quebec, Canada
Category Company
Sector Life Science
Employees20,270
Revenue 8.8B USD (2023)
DESCRIPTION

Bausch Health is a multinational specialty pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of dermatology, neurology, and branded generics. Bausch Health is based in Laval, Quebec.

DEAL STATS #
Overall 4 of 10
Sector (Life Science) 2 of 3
Type (Divestiture) 4 of 10
State (Washington) 1 of 1
Country (United States) 3 of 7
Year (2017) 1 of 6
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-15 Synergetics USA

O’Fallon, Montana, United States

Synergetics USA, Inc. is a provider fo precision surgical devices.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-10 CeraVe

Bridgewater, New Jersey, United States

CeraVe is a developer and manufacturer of skincare products including cleansers, moisturizers, sunscreens and healing ointments.

Sell -
Mergr

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