M&A Deal Summary

XRpro Sciences Acquires Pfizer - Ion Channel and Transporter Drug R&D

On July 2, 2015, XRpro Sciences acquired life science company Pfizer - Ion Channel and Transporter Drug R&D from Pfizer

Acquisition Highlights
  • This is XRpro Sciences’ 1st transaction in the Life Science sector.
  • This is XRpro Sciences’ 1st transaction in the United States.

M&A Deal Summary

Date 2015-07-02
Target Pfizer - Ion Channel and Transporter Drug R&D
Sector Life Science
Buyer(s) XRpro Sciences
Sellers(s) Pfizer
Deal Type Divestiture

Target

Pfizer - Ion Channel and Transporter Drug R&D

United States
Pfizer - Ion Channel and Transporter Drug R&D platform is a provider of comprehensive services for ion channel and transporter drug discovery, combining Icagen's industry-leading scientific expertise and extensive portfolio of assays and cell lines with XRpro Sciences' proprietary, label-free X-ray fluorescence technology.

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Buyer(S) 1

Buyer

XRpro Sciences

Cambridge, Massachusetts, United States

Category Company
Founded 2003
Sector Life Science
Employees9
DESCRIPTION

XRpro Sciences, Inc. is a drug discovery 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: 2015 M&A 1 of 1

Seller(S) 1

SELLER

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 11 of 19
Sector: Life Science M&A 7 of 14
Type: Divestiture M&A Deals 10 of 15
Country: United States M&A 7 of 13
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-05 Hospira

Lake Forest, Illinois, United States

Hospira, Inc. is a global specialty pharmaceutical and medication delivery company dedicated to Advancing Wellness(TM). As the world leader in specialty generic injectable pharmaceuticals, Hospira offers one of the broadest portfolios of generic acute-care and oncology injectables, as well as integrated infusion therapy and medication management solutions. Through its products, Hospira helps improve the safety, cost and productivity of patient care. Hospira, Inc. is based in Lake Forest, Illinois.

Buy $17.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-01 GlaxoSmithKline - Nimenrix and Mencevax

Brentford, United Kingdom

GlaxoSmithKline’s quadrivalent meningococcal ACWY vaccines Nimenrix and Mencevax.

Buy -