Dechra Pharmaceuticals to Acquire Invetx

July 18, 2024

Dechra Pharmaceuticals Limited has agreed to acquire Boston-based Invetx Inc., a developer of species-specific monoclonal antibody therapeutics for companion animals, for up to $520 million on a cash-free, debt-free basis, subject to customary approvals. The deal gives Dechra access to Invetx's pipeline and half-life extension platform to expand its specialty veterinary biologics capabilities.

Buyers
Dechra Pharmaceuticals Limited
Targets
Invetx Inc.
Sellers
Novo Holdings A/S, F-Prime Capital, GV, Eight Roads, Anterra Capital, Casdin Capital, Tekla Capital Management
Industry
Biotechnology
Location
Massachusetts, United States
Transaction Type
Buyout

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