UCB to Acquire Zogenix for up to $1.9B

January 19, 2022

UCB (Euronext: UCB) has agreed to acquire Zogenix, Inc. (NASDAQ: ZGNX) in a cash tender offer valuing the deal at up to approximately US$1.9 billion, consisting of US$26.00 per share in cash plus a contingent value right of up to US$2.00 per share tied to regulatory milestones. The acquisition adds Zogenix's FINTEPLA (fenfluramine) — an approved treatment for seizures associated with Dravet syndrome and under review for Lennox-Gastaut syndrome — to UCB's neurology and rare disease portfolio and is expected to expand UCB's epilepsy pipeline and global commercial reach.

Buyers
UCB, Zinc Merger Sub, Inc.
Targets
Zogenix, Inc.
Industry
Pharmaceuticals
Location
California, United States
Transaction Type
Buyout

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