Cycle Pharmaceuticals completes acquisition of Banner Life Sciences, LLC to expand MS product portfolio
Jan 13, 2025•11 months ago
Acquiring Company
Cycle Pharmaceuticals
Acquired Company
Banner Life Sciences
Description
Cycle Pharmaceuticals, Inc. has successfully completed the acquisition of Banner Life Sciences, LLC including its BAFIERTAM® product for the treatment of relapsing forms of multiple sclerosis (MS), in adults, approved by the US Food and Drug Administration (FDA). With this acquisition, Cycle will broaden its MS product portfolio and strengthen its commitment to providing high-quality medicines and support to patients.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed