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Biogen Idec buys Syntonix for $40mm plus possible earn-outs

Executive Summary

Adding to its portfolio of chronic disease drugs, Biogen Idec has acquired Syntonix Pharmaceuticals for $40mm in cash plus up to $80mm in development-based earn-outs.
Deal Industry
  • Biotechnology
    • Large Molecule
      • Antibodies
  • Pharmaceuticals
    • Drug Delivery
      • Macromolecule
      • Pulmonary
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash
    • Acquisition of Private Biotech
    • Intra-Biotech Deal
    • Includes Earnout

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