Sanofi Bids €308m To Buy Kiadis

Premium of 272%

Arthur Lahr, CEO of the Dutch biotech, said the offer is testimony to the uniqueness of the firm's natural killer (NK) cell platform "and the rapid success of Kiadis’s transformation."

Sanofi_France
Sanofi hits the acquisition trail again • Source: Shutterstock

Just four months after signing a licensing deal for one of Kiadis Pharma NV's modified natural killer (NK) cell therapies, Sanofi has offered €308m to acquire the Dutch biotech, a bid that has the unanimous support of the latter's board.

The offer represents a premium of 272% (€5.45 per share) over Kiadis's closing price on 30 October and 200% over...

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