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Sanofi To Acquire Blueprint Medicines In $9.5 Bln Deal

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Sanofi (SNYNF,SNY) announced Monday that it has agreed to acquire Blueprint Medicines Corp. (BPMC) in a transaction valued at about $9.5 billion on a fully diluted basis, including potential contingent value right payments.

The acquisition includes a rare immunology disease medicine, Ayvakit/Ayvakyt (avapritinib), approved in the US and the European Union, and a promising advanced and early-stage immunology pipeline. Furthermore, Blueprints established presence among allergists, dermatologists, and immunologists is expected to enhance Sanofis growing immunology pipeline.

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