Halozyme To Acquire Antares Pharma To Create A Specialty Product And Drug Delivery Leader
04/13/22, 10:03 AM
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Industry
biopharma
pharmaceutical
biotechnology
manufacturing
health care
science and engineering
health care
biotechnology
manufacturing
Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") and Antares Pharma, Inc. (NASDAQ: ATRS) ("Antares") today announced that the companies have entered into a definitive agreement pursuant to which Halozyme will acquire Antares for $5.60 per share in cash. The transaction, which values Antares at approximately $960 million, was unanimously approved by both the Halozyme and Antares Boards of Directors.
Company Info
Location
San Diego, California, United States
Company info
Halozyme is a biopharmaceutical company advancing disruptive solutions to improve patient experiences and outcomes for emerging and established therapies. The Company has two commercial proprietary products, Hylenex® and XYOSTED®, partnered commercial products and ongoing product development programs with several pharmaceutical companies.