Alfasigma To Acquire Intercept Pharmaceuticals For $19.00 Per Share In Cash, Expanding The Global Footprint Of Alfasigma Via A Leader In Rare And Serious Liver Diseases
Acquiring Company
Alfasigma
Acquired Company
Intercept Pharmaceuticals
Description
Alfasigma S.p.A (“Alfasigma”), one of Italy's leading pharmaceutical companies, and Intercept Pharmaceuticals, Inc. (Nasdaq: ICPT, “Intercept”), a leading biopharmaceutical company in rare and serious liver diseases, today announced that they have entered into a definitive merger agreement under which Alfasigma has agreed to acquire Intercept for $19.00 per share in cash. The anticipated transaction will materially expand Alfasigma’s gastrointestinal and hepatology portfolio and its presence in the U.S. market.
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Frequently asked
Who acquired Intercept Pharmaceuticals?
Intercept Pharmaceuticals was acquired by Alfasigma, based in Bologna. The deal was reported on September 26, 2023. Alfasigma is one of Italy's leading pharmaceutical companies with a strong international position. Alfasigma is privately held and operates in Manufacturing.
When did Alfasigma acquire Intercept Pharmaceuticals?
Alfasigma's acquisition of Intercept Pharmaceuticals was reported on September 26, 2023. Alfasigma S.p.A (“Alfasigma”), one of Italy's leading pharmaceutical companies, and Intercept Pharmaceuticals, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Intercept Pharmaceuticals do?
We are a biopharmaceutical company focused on the development and commercialization of novel therapeutics to treat rare and serious liver diseases, including primary biliary cholangitis (PBC) and severe alcohol-associated hepatitis (sAH). It is privately held, and is based in Morristown.
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