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Day One to acquire Mersana for $130 million

TAKEN PRIVATENov 30, 2025

Acquiring Company

Day One Biopharmaceuticals

Acquired Company

Mersana Therapeutics

BrisbaneCambridgeBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharmaBiotechnologyHealth CareTherapeutics

Description

Day One Biopharmaceuticals has announced their acquisition of Mersana Therapeutics for approximately $130 million. Mersana shareholders will receive an upfront cash payment combined with milestone-based contingent value rights. This acquisition reflects Day One's strategy to diversify its pipeline and enhance its oncology offerings.

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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 November 30, 2025. 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 November 30, 2025. Day One Biopharmaceuticals has announced their acquisition of Mersana Therapeutics for approximately $130 million. Mersana shareholders will receive an upfront cash payment combined with milestone-based contingent value rights. 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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