CorMedix Acquires Melinta Therapeutics for $300 Million
August 7, 2025
CorMedix Inc. has entered into a definitive agreement to acquire Melinta Therapeutics, paying $300 million upfront (including $260 million cash and $40 million in CorMedix equity to Melinta shareholders), plus up to $25 million in a regulatory milestone and tiered royalties. The deal is expected to close in September, subject to customary closing conditions and U.S. regulatory approval.
- Buyers
- CorMedix Inc.
- Targets
- Melinta Therapeutics, LLC
- Sellers
- Affiliates of Deerfield Management Company, L.P.
- Industry
- Biotechnology
- Location
- New Jersey, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Merck to Acquire Acceleron Pharma Inc for $11.5B
September 30, 2021
Biotechnology
Merck (through a subsidiary) entered into a definitive agreement to acquire Acceleron Pharma Inc for $180 per share in cash, for an approximate total equity value of $11.5 billion. The transaction will be completed via a tender offer followed by a merger, and is expected to close in the fourth quarter of 2021, subject to conditions including regulatory approvals and tender of at least a majority of outstanding shares.
-
Gilead Sciences Acquires Immunomedics
September 13, 2020
Biotechnology
Gilead Sciences agreed to acquire Immunomedics for $88.00 per share in an all-cash transaction valuing Immunomedics at approximately $21 billion. The acquisition gives Gilead global rights (outside certain Asian territories) to Trodelvy, an FDA‑approved antibody‑drug conjugate for metastatic triple‑negative breast cancer, and accelerates Gilead’s expansion into oncology.
-
Merck Acquires Pandion Therapeutics
February 25, 2021
Biotechnology
Merck will acquire Pandion Therapeutics for $60 per share in cash, representing an approximate total equity value of $1.85 billion, via a tender offer and subsequent merger. Pandion is a clinical-stage biotechnology company focused on precision immune modulators (TALON platform) with lead candidate PT101 targeting regulatory T cells for autoimmune diseases; the transaction is expected to close in the first half of 2021 subject to customary conditions.
-
Remedy Meds to Acquire Thirty Madison in All-Stock Deal Valued at Over $500 Million
September 8, 2025
Healthcare Services
Remedy Meds announced a definitive agreement to acquire Thirty Madison in an all-stock transaction valued at just over $500 million. The deal is expected to close in the fourth quarter of 2025, pending regulatory approvals and standard closing conditions.
-
BioVie Acquires Biopharma Assets of NeurMedix
June 11, 2021
Pharmaceuticals
BioVie Inc. acquired the biopharmaceutical assets of privately held NeurMedix, including NE3107, an orally administered small-molecule inhibitor targeting neuroinflammation and insulin resistance. The deal paid NeurMedix shareholders newly issued BioVie shares and cash at closing, with additional contingent cash and equity payments tied to clinical and regulatory milestones; the acquisition expands BioVie's pipeline into neurodegenerative diseases and oncology.
-
Merck Acquires Prometheus Biosciences
June 16, 2023
Healthcare Services
Merck (MSD outside the United States and Canada) entered into a definitive agreement to acquire Prometheus Biosciences for $200 per share in cash, valuing the equity at approximately $10.8 billion. The acquisition was expected to close in the third quarter of 2023, and Merck later announced completion of the deal, making Prometheus a wholly owned subsidiary.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.