Tech Company M&A Transactions
Igeneon Acquisition
Operating out of Vienna, Igeneon was acquired by Aphton. Financial terms set the valuation at $81 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/15/2004
Transaction Type
M&A
Amount
$81,000,000
M&A Terms
Pursuant to the agreement, Igeneon stockholders will receive 21.5 million shares of Aphton common stock in exchange for 100% of the equity of Igeneon. Based on the closing price of Aphton's common stock on December 14, 2004, the value of the deal would be approximately $81 million.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
Brunner Strasse 69 Obj.3
Vienna, 1230
Austria
Vienna, 1230
Austria
Phone
Website
Email Address
Not Recorded
Overview
Igeneon, is a clinical stage biopharmaceutical company focused on the development of active and passive cancer immunotherapies designed to prevent or delay the development of metastases in cancers of epithelial origin.
Management Team
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