HomeDeal TypeM&ASwitzerland: Taiho Pharma paying up to US$1.14bn for ADC developer Araris Biotech

Switzerland: Taiho Pharma paying up to US$1.14bn for ADC developer Araris Biotech

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Taiho Pharmaceutical, a subsidiary of Tokyo-listed Otsuka Holdings, is acquiring Switzerland-based Araris Biotech, a company developing next-generation antibody drug conjugates (ADCs). Under the terms of the agreement, Taiho Pharmaceutical will pay…

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Nick Herbert
Nick Herbert
Nick Herbert has over 30 years’ experience in the financial markets, as both a practitioner and journalist. He started work as an investment banker in London, before joining International Financing Review (IFR) to report on debt capital markets and derivatives. He moved to Singapore in 2000 to manage IFR’s financial markets editorial team throughout Asia, before returning to London in 2009 to take up the position of Publisher for Reuters Capital Markets Publications. For the last five years he has been covering global capital markets, ESG finance and healthcare markets on a freelance basis.
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