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Drug Names(s): CDP 860, Anti-PDGFR Antibody
Description: CDP860 is a PEGylated antibody fragment targeting the PDGF-beta receptor.
Deal Structure: In September 2010, Bristol-Myers Squibb and ZymoGenetics signed definitive agreement providing for the acquisition of ZymoGenetics by Bristol-Myers Squibb, for $9.75 per share in cash. The transaction, with an aggregate purchase price of approximately $885 million, or approximately $735 million net of cash acquired, has been unanimously approved by the boards of directors of both companies. The acquisition was completed in October 2010.
Partners: Bristol-Myers Squibb Company
CDP 860 News
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