Andera Partners to sell its Life Sciences’ portfolio company ReViral to Pfizer
Andera Partners, a leading European private equity player, through its practice Andera Life Sciences, focused on investments in companies developing breakthrough therapeutics and medical technologies, announced today that Pfizer Inc. has entered into a definitive agreement to acquire Andera Life Sciences’ portfolio company ReViral Ltd. Under the agreement, ReViral, a privately held, clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing novel antiviral therapeutics, with an initial focus on treating respiratory syncytial virus (RSV), will be acquired for a total consideration of up to $525 million, including upfront and development milestones. The proposed transaction is subject to customary closing conditions, including receipt of regulatory approvals.
