Home Shire strikes $6.5 bn deal for US biotech firm Dyax Corp
 

Keywords :   


Shire strikes $6.5 bn deal for US biotech firm Dyax Corp

2015-11-04 02:33:35| Biotech - Topix.net

Dublin-based drug maker Shire said it has struck an all-cash $6.5 billion deal for US biotech Dyax Corp., even as it chases a $30 billion deal for rare-disease rival Baxalta Inc. Dyax shareholders will receive an additional $4 a share if certain performance targets are met, which would increase the overall value of the deal by $646 million. Based in Burlington, Massachusetts, Dyax has specialized in the development of treatments for HAE, a rare genetic disease that can be life-threatening.

Tags: deal firm corp strikes

Category:Biotechnology and Pharmaceuticals

Latest from this category

All news

»
23.11
23.11 WEEZER / maladroit 12\"
23.11
23.11 6'1ML REV-S
23.11speak up storys
23.11190mm LS0713FL
23.11That's Moulton
23.11SEED
More »