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Halozyme, Inc. 𝐡𝐚𝐬 𝐦𝐚𝐝𝐞 𝐚 𝐛𝐨𝐥𝐝 $𝟐.𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐨𝐟𝐟𝐞𝐫 𝐭𝐨 𝐚𝐜𝐪𝐮𝐢𝐫𝐞 Evotec, aiming to diversify beyond its Enhanze drug delivery technology, used in treatments by Johnson & Johnson and Roche. The bid comes at a 27.5% premium following Evotec's share price drop amid interest from private equity firm Triton Partners. This acquisition could position Halozyme for sustained growth as it plans for life after Enhanze’s key patents expire in 2027. Evotec’s drug discovery expertise could open new doors for Halozyme in the biopharma space. Watch this space! https://lnkd.in/eKZGsvum #Biopharma #Mergers #Innovation #DrugDelivery

Halozyme offers $2B for Evotec to expand beyond delivery tech used by J&J and Roche

Halozyme offers $2B for Evotec to expand beyond delivery tech used by J&J and Roche

fiercebiotech.com

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