Halozyme Therapeutics to Acquire Elektrofi, Inc.

October 1, 2025

Halozyme Therapeutics (NASDAQ: HALO) entered into a definitive agreement to acquire Elektrofi, a biopharmaceutical formulation technology company developing Hypercon, an ultra-high concentration microparticle technology for biologics. The deal includes an upfront payment of $750 million plus up to three $50 million regulatory milestone payments, and is expected to close in the fourth quarter of 2025 subject to HSR review and customary closing conditions.

Buyers
Halozyme Therapeutics, Inc.
Targets
Elektrofi, Inc.
Industry
Biotechnology
Location
United States
Transaction Type
Buyout

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