Acquiring Company
Sun Pharma
Acquired Company
Checkpoint Therapeutics
Description
Sun Pharmaceutical Industries has successfully completed its acquisition of Checkpoint Therapeutics, valued at $355 million. This acquisition includes the FDA-approved UNLOXCYTTM treatment for skin cancer. By acquiring Checkpoint, Sun Pharma aims to enhance its innovative therapies and expand its oncology product offerings. The merger follows a shareholder lawsuit alleging conflicts of interest.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed