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Bristol acquires fibrotic disease company Amira for $325mm up front

Executive Summary

Marking its first foray into the fibrotic disease area, Bristol-Myers Squibb Co. is acquiring private Amira Pharmaceuticals Inc. (developing small molecules for disorders caused by inflammation) for $325mm up front and up to $150mm in earn-outs, in three increments of $50mm each. (One of the milestone payments is expected sometime this year.)
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Includes Earnout
    • Payment Includes Cash

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