Overview
- Sanofi will pay $129 per share in cash for Blueprint, valuing the deal at $9.1 billion and reflecting a 27 percent premium over the biotech’s recent closing price.
- Blueprint shareholders will receive one non-tradeable contingent value right per share, entitling them to up to $400 million in milestone payments tied to BLU-808’s development and regulatory milestones.
- The deal brings Blueprint’s approved systemic mastocytosis treatment Ayvakit/Ayvakyt and pipeline candidates including elenestinib and the oral KIT inhibitor BLU-808 into Sanofi’s portfolio.
- The transaction, expected to complete in Q3 2025, is contingent on regulatory approval and shareholder sign-off and will be financed using existing cash reserves alongside new debt.
- This acquisition reinforces Sanofi’s strategic shift toward precision medicine for rare diseases and immunology, building on recent purchases of Vigil Neuroscience and Inhibrx.