Sobi to acquire Dova Pharmaceuticals

Country

Sweden

Swedish Orphan Biovitrum AB is to acquire the US specialty pharmaceutical company Dova Pharmaceuticals Inc in a bid to broaden its haematology and immunology portfolios. The transaction is valued at up to $915 million and consists of a cash offer plus a contingency payment for shareholders if Dova’s lead product is approved for a new indication by the US Food and Drug Administration.