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French firm Servier buys Day One Biopharma for $2.5B to expand rare cancer treatments, including pediatric drugs.
French pharmaceutical company Servier has agreed to acquire Day One Biopharmaceuticals for $2.5 billion in cash, paying $21.50 per share, a 68% premium, to expand its rare oncology pipeline, particularly in pediatric cancers.
The deal, expected to close in the second quarter of 2026, includes Day One’s FDA-approved drug Ojemda for pediatric low-grade glioma and its pipeline of antibody drug conjugates, including a Phase 1 program for solid tumors.
Servier aims to leverage its global reach to accelerate patient access and advance its oncology growth strategy, which targets €4 billion in annual sales by 2030.
Day One’s board has approved the transaction, and its shares surged 65.7% following the announcement.
La firma francesa Servier compra Day One Biopharma por $2.5B para expandir los tratamientos contra el cáncer raro, incluidos los medicamentos pediátricos.