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BMS to Acquire MyoKardia for ~$13.1B

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BMS to Acquire MyoKardia for ~$13.1B

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  • BMS to acquire all the outstanding shares of MyoKardia’s common stock for $225.00/ share in cash- making a total deal value of ~$13.1B. The transaction is expected to be close in Q4’20
  • The acquisition will foster BMS’ CV portfolio with the addition of MyoKardia’s mavacamten. BMS expects to explore mavacamten in additional indications- including non-obstructive HCM and will develop MyoKardia’s two clinical-stage therapies- danicamtiv (formerly MYK-491) and MYK-224
  • Mavacamten is a potential first-in-class therapy with compelling data in the treatment of patients with symptomatic obstructive HCM. The NDA submission of the therapy is based on the EXPLORER-HCM study- which is expected to be submitted to the US FDA in the Q1’21

­ Ref: BMS | Image: BMS 

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