The Medicines Company Acquires Rempex Pharmaceuticals for $474,000,000

  • Feed Type
  • Date
    12/5/2013
  • Company Name
    Rempex Pharmaceuticals
  • Mailing Address
    11535 Sorrento Valley Rd. San Diego, CA 92121
  • Company Description
    Rempex Pharmaceuticals, Inc. is a biopharmaceutical company whose mission is to develop important new therapies to combat the growing issue of antibiotic resistance.
  • Website
    http://www.rempexpharma.com
  • Transaction Type
    M&A
  • Transaction Amount
    $474,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The Medicine Co. paid Rempex’s stockholders $140 million up front and may pay potential milestone payments totaling $334 million.

Trending on Xconomy