Press Release: Sanofi Completes Acquisition of Blueprint Medicines
6 Articles
6 Articles
Sanofi Completes Acquisition of Blueprint Medicines - USA Herald
In a blockbuster pharma merger that shook the global biotech sector, Sanofi announced Friday it has officially completed its acquisition of U.S.-based Blueprint Medicines Corp., closing a deal worth up to $9.5 billion and sending a clear message that it’s doubling down on its rare disease and immunology bets. The French pharmaceutical titan, advised by Weil Gotshal & Manges LLP, confirmed that all conditions of the tender offer have been satisfi…
Bristol Myers Squibb’s Reblozyl fails Phase 3 in anemia; Sanofi, Blueprint deal closes
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Sanofi completes acquisition of Blueprint Medicines
PARIS — Sanofi has announced the completion of its acquisition of Blueprint Medicines Corporation (Blueprint), adding to its portfolio a commercialized medicine, a promising pipeline, and the expertise of a company specializing in systemic mastocytosis (SM), a rare immunological disease, and other KIT-driven diseases.In addition, the acquisition of Blueprint brings Sanofi an established presence among allergists, dermatologists, and immunologist…
Summary: Sanofi completes the acquisition of Blueprint Medicines for $9.1 billion ($129/action), strengthening its portfolio of rare immunological diseases The acquisition includes Ayvakit, the only approved drug for systemic mastocytosis, plus two developing candidates (elenestinib and BLU-808) Immediate positive financial impact on gross margin and operating profit, without affecting the projections 2025 Strategic access to an established netw…
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