Kirkland & Ellis Advises Bristol-Myers Squibb on its Acquisition of Flexus Biosciences, Inc.
Kirkland & Ellis LLP represented Bristol-Myers Squibb which today announced it has acquired Flexus Biosciences, Inc., a privately held biotechnology company focused on the discovery and development of novel anti-cancer therapeutics. The transaction has a potential total consideration of $1.25 billion, including $800 million upfront and development milestones that, upon achievement, could total up to $450 million.
The Kirkland team is led by partner Daniel Wolf and by associate Laura Sullivan.
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