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Acquisition of Agilis Biotherapeutics by PTC Therapeutics

PTC Therapeutics was acquired by PTC Therapeutics for $200 million.

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Acquisition

Acquisition attributes

Acquired Company
Agilis Biotherapeutics Inc.
Agilis Biotherapeutics Inc.
Acquirer
PTC Therapeutics
PTC Therapeutics
Acquisition Amount (USD)
200,000,000
Date Announced
July 19, 2018
Transaction Date Closed
August 23, 2018

PTC Therapeutics announced its plans to acquire Agilis Biotherapeutics on July 19, 2019. The deal closed on August 23, 2018, with an upfront payment of $50 million in cash and $150 million in stock holdings bringing the total purchase price to $200 million.

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