Ipsen: completes acquisition of Epizyme
(CercleFinance.com) - On Friday evening Ipsen announced that it has sealed an agreement to acquire all of the outstanding shares of Epizyme at a price of 1.
45 dollar each plus a guaranteed value certificate of 1 dollar per share, thereby expanding its oncology portfolio.
As part of the transaction, Ipsen is acquiring Epizyme's leading drug Tazverik, a first-in-class chemotherapy-free EZH2 inhibitor that received fast-track approval from the US FDA in 2020.
The company is also acquiring Epizyme's first-in-class oral SETD2 inhibitor drug candidate, EZM0414, which received FDA fast-track approval in 2021.
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