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Biotechnology M&A image Biotechnology M&A » By The Online Investor Staff, updated Tue., Apr. 20, 3:43 AM Recent mergers and acquisitions in the Biotechnology M&A category.

Slide #34. Emergent BioSolutions Cangene Corporation

Acquirer: Emergent BioSolutions (EBS)
Acquiree: Cangene Corporation (CNJ.CA)
Details: Emergent BioSolutions Inc. (NYSE:EBS) announced today that it has entered into a definitive agreement with Cangene Corporation (TSX:CNJ.CA) under which Emergent will acquire all of the outstanding common shares of Cangene in an all-cash transaction valued at $3.24 per share on a fully diluted basis for an aggregate purchase price of $222 million. The transaction is consistent with Emergent's growth plan in that it diversifies the company's revenue mix, adds commercial product sales and contributes to earnings growth. The transaction is expected to be accretive in 2014, exclusive of transaction-related costs.

Emergent BioSolutions is a life sciences company focused on providing a portfolio of preparedness and response products and solutions that address accidental, deliberate and naturally occurring public health threats (PHTs). Co. is focused on products and solutions that address the following five distinct PHT categories: Chemical, Biological, Radiological, Nuclear and Explosives; emerging infectious diseases; travel health; emerging health crises; acute/emergency care; and contract development and manufacturing (CDMO). Co. has a product portfolio of ten marketed products (vaccines, therapeutics, and drug-device combination products).

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Emergent BioSolutions is a life sciences company focused on providing a portfolio of preparedness and response products and solutions that address accidental, deliberate and naturally occurring public health threats (PHTs). Co. is focused on products and solutions that address the following five distinct PHT categories: Chemical, Biological, Radiological, Nuclear and Explosives; emerging infectious diseases; travel health; emerging health crises; acute/emergency care; and contract development and manufacturing (CDMO). Co. has a product portfolio of ten marketed products (vaccines, therapeutics, and drug-device combination products).

EBS SEC Filing Email Alerts Service


Open the CNJ.CA Page at The Online Investor »

Company Name: 
Emergent BioSolutions Inc
Stock buyback: 
EBS buyback
Website: 
www.emergentbiosolutions.com
Sector: 
Biotechnology
Number of ETFs Holding EBS: 
62
Total Market Value Held by ETFs: 
$661.39M
Total Market Capitalization: 
$3.97B
% of Market Cap. Held by ETFs: 
16.66%
Company Name: 
Cangene Corp.
Website: 
www.cangene.com
Sector: 
Biotechnology
 

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