Thank you, dear IVB readers, for your decisive voting this year. Gone are the days when a DOTY winner squeaked through with only 27% of the vote (we're looking at you, Roche's acquisition of Genentech). Again this year it seems that you'd rather vote on some categories and not others -- a hint for 2011? -- but at least you've managed to come to a consensus.
In short, everything's turning up Jersey in this year's contest, with Celgene apparently given a mandate to do as it pleases. But we're getting ahead of ourselves. The envelopes, please...
The IN VIVO Blog 2010 M&A Deal of the Year, with a shade over 50% of the vote, goes to Celgene/Abraxis, the $2.9 billion cash-and-stock-and-(whew!)-CVRs deal that puts Celgene deeply into solid tumors. Congratulations. Coming in second, with nearly 24%, is Abbott/Piramal, and third, with 18%, is Pfizer/King. No love for generics (Teva/Ratiopharm, 5%) or Endo's acquisition of Healthtronic (3%).
The IN VIVO Blog 2010 Alliance Deal of the Year, with a whopping 55% of the vote, goes to Celgene and Agios. This early-stage pact, in the area of cancer metabolism, was worth $130 million in upfront cash and equity payments and gives Celgene an option on Agios programs at the end of Phase I. Pfizer/Biocon was no slouch with nearly 32% of the vote, while four nominees were relegated to also-ran status: Abbott/Reata (7%), GSK/Amicus (2.5%), Pfizer/UCSF (3%) and Biogen/Knopp (less than 1%).
The IN VIVO Blog 2010 Exit/Financing Deal of the Year, with about 46.5% of the vote, goes to Ablexis. The mouse that roared! The company's June 2010 Series A from Third Rock and Pfizer Venture Investments twinned with its five-pharma consortium deal for its antibody discovery technology won the day in a well-qualified field. Incline took in 23%, Ironwood had 19%, and Castlight nearly 12%.
Thanks everyone for voting and if Celgene, Agios or Ablexis would care to make an acceptance speech, please contact us here.
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