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Otsuka buys Visterra for $430mm in cash
02 Sep 2020
Executive Summary
Otsuka Pharmaceutical Co. Ltd. agreed to pay $430mm in cash to acquire Visterra Inc., a privately held company developing antibody therapeutics for hard-to-treat diseases.
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
- Vaccines
-
Biotechnology
-
Large Molecule
- Antibodies
-
Large Molecule
Deal Status
- Final
Deal Type
-
Acquisition
- Acquisition of Private Biotech
- Full Acquisition
- Payment Includes Cash
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Otsuka buys Visterra for $430mm in cash
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