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Day One Biopharmaceuticals acquires Mersana Therapeutics

TAKEN PRIVATEOct 04, 2026

Acquiring Company

Day One Biopharmaceuticals

Acquired Company

Mersana Therapeutics

BrisbaneCambridgeBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharmaBiotechnologyHealth CareTherapeutics

Description

Day One Biopharmaceuticals has completed the acquisition of Mersana Therapeutics for USD 173.0 million. Shareholders of Mersana received USD 25.00 per share plus a contingent value right that could reach an additional USD 30.25. This acquisition allows Day One to enhance its pipeline with Mersana's clinical-stage assets.

Company Information

Company

Day One Biopharmaceuticals

Location

Brisbane, California, United States

About

Day One Biopharmaceuticals is a clinical-stage biopharmaceutical company dedicated to developing and commercializing targeted therapies for people of all ages with life-threatening diseases. The company believes in putting kids first and is developing targeted therapies that deliver to their needs. Day One was founded to address the dire lack of therapeutic development in pediatric cancer and aims to re-envision cancer drug development starting from Day One.

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Frequently asked

Who acquired Mersana Therapeutics?

Mersana Therapeutics was acquired by Day One Biopharmaceuticals, based in Brisbane. The deal was reported on October 4, 2026. Day One Biopharmaceuticals is a clinical-stage biopharmaceutical company dedicated to developing and commercializing targeted therapies for people of all ages with life-threatening diseases. Day One Biopharmaceuticals is privately held and operates in Biotechnology.

When did Day One Biopharmaceuticals acquire Mersana Therapeutics?

Day One Biopharmaceuticals's acquisition of Mersana Therapeutics was reported on October 4, 2026. Day One Biopharmaceuticals has completed the acquisition of Mersana Therapeutics for USD 173.0 million. Shareholders of Mersana received USD 25.00 per share plus a contingent value right that could reach an additional USD 30.25. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mersana Therapeutics do?

Mersana Therapeutics, Inc. is a biotechnology company focused on developing next-generation antibody-drug conjugates (ADCs) for cancer treatment. Their innovative ADC platform enables the design of more effective cancer therapies. It is privately held, operating in Biotechnology, and is based in Cambridge.

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