M&A Transaction Database

Therapeutics M&A Transactions

Mergers and acquisitions in the Therapeutics subsector.

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Date:May 20, 2026
SERB Acquires Idefirix Rights for €115M

SERB Pharmaceuticals secures European and MENA rights for Hansa Biopharma's Idefirix® (imlifidase) in a €115M deal, enhancing kidney transplant options.

Acquirer:SERB Pharmaceuticals
Deal Value:n/a
Country:🇬🇧 🇨🇭 🇳🇴
Date:May 20, 2026
SERB Acquires Idefirix Rights from Hansa Biopharma for €115M

SERB Pharmaceuticals secures European and MENA rights for Hansa Biopharma's imlifidase, a key therapy for highly sensitized kidney transplant patients, in a €115M deal.

Acquirer:SERB Pharmaceuticals
Deal Value:n/a
Country:🇬🇧 🇨🇭 🇳🇴
Date:May 19, 2026
EQT, IDG Capital Vie for Peptide Maker PolyPeptide

Private equity firms EQT and IDG Capital are in advanced talks to acquire Swiss peptide therapeutics manufacturer PolyPeptide, valued near $1.6 billion.

Acquirer:EQT
Deal Value:n/a
Country:🇨🇭 🇮🇳
Date:May 18, 2026
Neurocrine Acquires Soleno Therapeutics for $2.9 Billion

Neurocrine Biosciences strengthens rare disease portfolio with $2.9B acquisition of Soleno Therapeutics and its PWS treatment, VYKAT XR.

Acquirer:Neurocrine Biosciences
Deal Value:n/a
Country:🇺🇸
Date:May 15, 2026
OrganaBio Acquires Excellos, Expands Cell Therapy Manufacturing

OrganaBio secures Excellos' assets, establishing a bicoastal cell therapy CDMO to address critical manufacturing and supply chain needs.

Acquirer:OrganaBio
Deal Value:n/a
Country:🇺🇸
Date:May 12, 2026

Cellular Intelligence

AI Powers Parkinson's Cell Therapy Deal by Cellular Intelligence

Cellular Intelligence acquires Parkinson's cell therapy rights from Novo Nordisk, leveraging AI for faster development and manufacturing. Backed by Khosla Ventures, CZI, SciFi VC, AMD Ventures.

Acquirer:
Deal Value:n/a
Country:Global
Date:May 11, 2026
Eli Lilly Acquires CAR-T Firm Kelonia for $3.25 Billion

Eli Lilly's $3.25B acquisition of Kelonia Therapeutics bolsters its oncology pipeline with advanced CAR-T technology. Learn about this strategic biotech deal.

Acquirer:Eli Lilly
Deal Value:n/a
Country:🇺🇸
Date:May 8, 2026
Bayer Acquires Perfuse Therapeutics for $2.45B

Bayer's $2.45B acquisition of Perfuse Therapeutics bolsters its ophthalmology pipeline with a novel treatment for glaucoma and diabetic retinopathy.

Acquirer:Bayer
Deal Value:n/a
Country:🇺🇸
Date:May 8, 2026
Angelini Pharma Buys Catalyst for $4.1B in Rare Disease Push

Angelini Pharma acquires Catalyst Pharmaceuticals for $4.1B, significantly expanding its U.S. rare disease and neurological disorder footprint.

Acquirer:Angelini Pharma
Deal Value:n/a
Country:🇺🇸
Date:May 7, 2026
Merck Acquires Terns Pharmaceuticals for $5.8 Billion

Merck strengthens its oncology pipeline by acquiring Terns Pharmaceuticals for $5.8 billion, adding a promising CML treatment candidate.

Acquirer:Merck
Deal Value:n/a
Country:🇺🇸

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