The Qpex takeover will expand the antimicrobial pipeline of Shionogi. Credit: mwooten from Pixabay.

Shionogi has signed a definitive agreement for the acquisition of clinical-stage pharmaceutical firm Qpex Biopharma in a deal valued at $140m.

Qpex’s shareholders will receive an upfront payment of $100m from Shionogi. Qpex equity holders will also receive further milestone payments of $40m on meeting regulatory and development goals.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Qpex will become Shionogi’s fully owned subsidiary.  

The acquisition will expand Shionogi’s antimicrobial pipeline and will further boost research and development expertise by gaining access to xeruborbactam.

Xeruborbactam is an investigational extended spectrum β-lactamase inhibitor discovered by Qpex for the treatment of drug-resistant Gram-negative bacterial infections.

See Also:

Shionogi will take over xeruborbactam’s exclusive global development, production and marketing rights.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Shionogi CEO Isao Teshirogi stated: “Bacterial resistance to antibiotics remains one of the biggest threats to global health, and Qpex’s pipeline, including xeruborbactam, and its capabilities will accelerate our efforts to develop new antibiotic treatments to address antimicrobial resistance.

“Following the close of the acquisition, Qpex will become part of Shionogi, and we will work together to address the needs of patients and healthcare professionals comprehensively and to protect society from current and emerging life-threatening bacterial infections.”

In April 2023, the company’s subsidiary Taiwan Shionogi submitted an emergency use authorisation (EUA) application to the Taiwan Food and Drug Administration for ensitrelvir fumaric acid (ensitrelvir).