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Bayer to Acquire Vividion for ~$2B

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Bayer to Acquire Vividion for ~$2B

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  • Vividion to receive $1.5B up front & $500M milestone while Bayer to get full rights to Vividion’s discovery platform which consists of chemoproteomic screening technology- a data portal- and a chemistry library. The transaction is expected to close in Q3’21
  • The acquisition will strengthen Bayer’s drug discovery capabilities & expand it into new modalities. The acquisition will also increase the value of Vividion’s pipeline
  • Vividion’s technology has the potential to expand into additional indications as it is already proved in oncology & immune-related diseases in preclinical studies

| Ref: Bayer | Image: The Business Journals

Click here to­ read the full press release 

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