Sectors Covered   Completed Transactions   Testimonials   Principals   M&A Report 
 and Publications 
 Contact Us 












Dynamic Healthcare M&A Database - 2Q06



Return to the Summary Page (2Q06)



Acquiring Party    Biogen Idec (NASDAQ: BIIB), a manufacturer of therapies for oncology, neurology and immunology.
Transferring Party    Conforma Therapeutics Corporation, a cancer biopharmaceutical company.
Sector    Biopharmaceuticals
Date    May 3, 2006
Analysis
Provides significant opportunities for Biogen to develop drugs for a range of solid tumors using Conforma's antagonists. Deal price -- $150m, plus up to $100m if milestones achieved.




The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones.

This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc.


The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason.