Particle.news

Download on the App Store

Sanofi to Acquire Blueprint Medicines for $9.1 Billion to Bolster Rare Immunology Portfolio

The deal carries a 27% premium and secures approved therapy Avapritinib plus early-stage immunology candidates under potentially $9.5 billion in milestone payments, preserving Sanofi’s 2025 outlook.

Image

Overview

  • Sanofi will pay $129 per share in cash, valuing Blueprint Medicines at $9.1 billion, a 27% premium on the previous Friday’s closing price.
  • Blueprint’s Avapritinib, approved in the US and EU, is currently the only treatment for systemic mastocytosis, bolstering Sanofi’s rare immunological disease portfolio.
  • Blueprint shareholders may receive up to $400 million in additional milestone payments, potentially raising the total deal value to $9.5 billion.
  • Sanofi expects to complete the acquisition in the third quarter of 2025 with no material impact on its full-year financial guidance.
  • The acquisition underpins Sanofi’s transformation into a leading immunology-focused drugmaker valued at about €107 billion.