Mergers and Acquisitions

Fusion Pharmaceuticals in its acquisition by AstraZeneca

Fusion Pharmaceuticals Inc.
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Brett Anderson

Partner, Corporate, Toronto

Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Shira Dveris

Associate, Corporate, Toronto

David Davachi

Partner, Tax, Toronto

Taylor Cao

Associate, Tax, Toronto

Matthew Zvan

Associate, Tax, Toronto

Lynne Lacoursière

Partner, Corporate, Toronto

Nick Guadagnolo

Associate, Corporate, Toronto

Shuli Rodal

Partner, Competition/Antitrust and Foreign Investment
Chair, Diversity Committee, Toronto

Alysha Pannu

Associate, Competition/Antitrust and Foreign Investment, Toronto

Susan Newell

Partner, Health, Toronto

John Greiss

Associate, Health, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto

Alison Hayman

Partner, Intellectual Property, Toronto

On March 19, 2024, Fusion Pharmaceuticals announced that it entered into a definitive agreement to be acquired by AstraZeneca for a transaction value of approximately US$2.4 billion.

Through this acquisition, AstraZeneca is taking a significant leap towards its goal of revolutionizing cancer treatment and patient outcomes by substituting traditional methods such as chemotherapy and radiotherapy with more directed treatments.

Fusion Pharmaceuticals operates a clinical-stage oncology company that is focused on developing next-generation radioconjugates.

AstraZeneca is a global, science-led biopharmaceutical business.

Osler, Hoskin & Harcourt LLP advised Fusion Pharmaceuticals with a team consisting of Alex Gorka, Brett Anderson, Chad Bayne, Amy Sigurdson, Shira Dveris (Corporate), David Davachi, Taylor Cao, Matt Zvan (Tax), Lynne Lacoursiere and Nick Guadagnolo (Executive Compensation), Shuli Rodal and Alysha Pannu (Competition/Antitrust and Foreign Investment), Susan Newell, John Greiss (Health), Steven Dickie (Employment), Alison Hayman (Intellectual Property).

Value
US$2.4 billion
Date Closed
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Lead Office
Toronto
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Brett Anderson

Partner, Corporate, Toronto

Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Shira Dveris

Associate, Corporate, Toronto

David Davachi

Partner, Tax, Toronto

Taylor Cao

Associate, Tax, Toronto

Matthew Zvan

Associate, Tax, Toronto

Lynne Lacoursière

Partner, Corporate, Toronto

Nick Guadagnolo

Associate, Corporate, Toronto

Shuli Rodal

Partner, Competition/Antitrust and Foreign Investment
Chair, Diversity Committee, Toronto

Alysha Pannu

Associate, Competition/Antitrust and Foreign Investment, Toronto

Susan Newell

Partner, Health, Toronto

John Greiss

Associate, Health, Toronto

Steven Dickie

Partner, Employment and Labour, Toronto

Alison Hayman

Partner, Intellectual Property, Toronto