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Sun Pharma acquires Checkpoint Therapeutics, Inc.

May 30, 20252 months ago

Acquiring Company

Sun Pharma

Acquired Company

Checkpoint Therapeutics

MumbaiWalthamHealth CareBiotechnologyManufacturing

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.

Company Information

Company

Sun Pharma

Location

Mumbai, Maharashtra, India

About

Sun Pharmaceutical Industries Limited is an Indian multinational pharmaceutical company that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients primarily in India and the United States.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
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Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
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