Tech Company M&A Transactions
Boston Biomedical Acquisition
Boston Biomedical, based in Norwood, was bought by Dainippon Sumitomo Pharma. Dainippon Sumitomo Pharma said the transaction price was $2.6 billion.
Transaction Overview
Company Name
Acquired By
Announced On
3/2/2012
Transaction Type
M&A
Amount
$2,630,000,000
M&A Terms
DSP will acquire BBI for up to $2.63 billion in total which includes $200 million upfront, up to $540 million in development milestone payments, and up to $1.89 billion in sales milestone payments.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
333 Providence Hwy.
Norwood, MA 02062
USA
Norwood, MA 02062
USA
Phone
Website
Email Address
Overview
Boston Biomedical, Inc. is a privately held biotechnology company focusing on research and development of novel therapeutics to treat cancer.
Management Team
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Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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