M&A Deal Summary

Zevra Therapeutics Acquires Acer

On August 31, 2023, Zevra Therapeutics acquired life science company Acer for 91M USD

Acquisition Highlights
  • This is Zevra Therapeutics’ 1st transaction in the Life Science sector.
  • This is Zevra Therapeutics’ largest (disclosed) transaction.
  • This is Zevra Therapeutics’ 1st transaction in the United States.
  • This is Zevra Therapeutics’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2023-08-31
Target Acer
Sector Life Science
Buyer(s) Zevra Therapeutics
Deal Type Merger
Deal Value 91M USD
Advisor(s) William Blair (Financial)
Pillsbury Winthrop Shaw Pittman LLP (Legal)

Target

Acer

Newton, Massachusetts, United States
website
Acer is a pharmaceutical company focused on the acquisition, development and commercialization of therapies for serious rare and life-threatening diseases with significant unmet medical needs. In the U.S., OLPRUVA (sodium phenylbutyrate) is approved for the treatment of urea cycle disorders (UCDs) involving deficiencies of carbamylphosphate synthetase (CPS), ornithine transcarbamylase (OTC), or argininosuccinic acid synthetase (AS). The company is advancing a pipeline of investigational product candidates for rare and life-threatening diseases, including: OLPRUVA (sodium phenylbutyrate) for treatment of various disorders, including Maple Syrup Urine Disease (MSUD); and EDSIVO (celiprolol) for treatment of vascular Ehlers-Danlos syndrome (vEDS) in patients with a confirmed type III collagen (COL3A1) mutation. Aceris based in Newton, Massachusetts.

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Buyer(S) 1

Buyer

Zevra Therapeutics

Celebration, Florida, United States

website


Category Company
Sector Life Science
Revenue 10M USD (2022)
DESCRIPTION

Zevra Therapeutics is a rare disease company melding science, data, and patient needs to create transformational therapies for diseases with limited or no treatment options. Zevra Therapeutics is based in Celebration, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Merger) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1