M&A Deal Summary

ViiV Healthcare Acquires Bristol-Myers - HIV R&D portfolio

On February 22, 2016, ViiV Healthcare acquired life science company Bristol-Myers - HIV R&D portfolio from Bristol-Myers Squibb for 350M USD

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

M&A Deal Summary

Date 2016-02-22
Target Bristol-Myers - HIV R&D portfolio
Sector Life Science
Buyer(s) ViiV Healthcare
Sellers(s) Bristol-Myers Squibb
Deal Type Divestiture
Deal Value 350M USD

Target

Bristol-Myers - HIV R&D portfolio

United States
Bristol-Myers - HIV R&D portfolio is a provider of preclinical and discovery stage HIV research services.

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Buyer(S) 1

Buyer

ViiV Healthcare

Middlesex, United Kingdom

Category Company
Sector Life Science
DESCRIPTION

ViiV Healthcare is a global specialist HIV company.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Bristol-Myers Squibb

Princeton, New Jersey, United States

Category Company
Founded 1887
Sector Life Science
Employees34,100
Revenue 48.3B USD (2024)
DESCRIPTION

Bristol-Myers Squibb is a life science company engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products on a global basis. Bristol-Myers Squibb was incorporated in 1887 and is based in Princeton, New Jersey.


DEAL STATS #
Overall 8 of 13
Sector: Life Science M&A 2 of 5
Type: Divestiture M&A Deals 6 of 9
Country: United States M&A 7 of 8
Year: 2016 M&A 1 of 1
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 Cardioxyl Pharmaceuticals

Chapel Hill, North Carolina, United States

Cardioxyl Pharmaceuticals, Inc. is a developer of novel therapeutic agents for the treatment of cardiovascular disease.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-23 Padlock Therapeutics

Cambridge, Massachusetts, United States

Padlock Therapeutics, Inc. is a biotechnology company dedicated to creating new medicines to treat destructive autoimmune diseases.

Buy $225M