Aimmune Therapeutics Acquisition, Valuation, Funding & Investors

Aimmune Therapeutics was acquired by Nestlé Health Science for $3.5B in August 2020.

Aimmune Therapeutics acquisition price

$3.5B

Acquired by Nestlé Health Science · Aug 2020

Cumulative funding Aimmune Therapeutics raised

$97M

across 2 funding rounds

Key investors in Aimmune Therapeutics

  • Longitude Capital
  • Fidelity
  • RA Capital Management
  • Foresite Capital
  • Adage Capital Management
  • Aisling Capital

Aimmune Therapeutics Overview

About Aimmune Therapeutics

Aimmune Therapeutics is a Brisbane-headquartered biotechnology company developing treatments for food allergies. Its lead product, Palforzia, uses characterized oral desensitization immunotherapy for peanut allergy desensitization. Approved by the FDA in 2020, Aimmune focuses on multi-allergen therapies with clinical trials in the United States and Europe.


Founded

2011

HQ

United StatesUnited States

Status

Acquired

Customer focus

B2C

Revenue model

Product sales

Valuation

$3.5B (acquired Aug 2020)

Aimmune Therapeutics Acquisition

Aimmune Therapeutics was acquired by Nestlé Health Science for $3.5B on 31 August 2020.

Before the acquisition Aimmune Therapeutics had raised $97M across 2 funding rounds.

Aimmune Therapeutics acquisition details
AcquirerDateTypePrice
  • Nestlé Health Science
31 Aug 2020Strategic M&A$3.5B

Aimmune Therapeutics Funding History

Aimmune Therapeutics has raised a total of $97M across 2 funding rounds.

Aimmune Therapeutics' first fundraising round was a $17M Series A in November 2013. The most recent completed round was a $80M Series B in March 2015.

Aimmune Therapeutics funding rounds

Aimmune Therapeutics funding rounds
DateStageInvestorsRaisedDeal Summary
Mar 2015Series BForesite Capital (lead); Fidelity; RA Capital Management; Adage Capital Management; Longitude Capital; Aisling Capital$80MAimmune Therapeutics, formerly Allergen Research Corp., is a biopharmaceutical company developing oral immunotherapy treatments for food allergies, particularly peanut allergy using its investigational product AR101 based on characterized oral desensitization immunotherapy (CODIT). The company completed an $80 million Series B financing round in March 2015, led by Foresite Capital, with participation from Longitude Capital, Fidelity Management & Research Company, Aisling Capital, Adage Capital, RA Capital Management, and Palo Alto Investors. This followed a $17 million Series A round in November 2013 led by Longitude Capital and supported by Food Allergy Research & Education (FARE). The Series B funds were intended to support upcoming clinical trials for peanut, egg, and milk allergy treatments. Aimmune filed for an IPO in July 2015 seeking $115 million and raised $160 million in August 2015 at $16 per share. Later, in 2016, Nestlé Health Science invested $145 million for a 15% stake at $19.20 per share, bringing cash position over $300 million to advance its pipeline including AR101, which received FDA breakthrough therapy designation. Aimmune continued development of AR101, reporting positive open-label study results in March (year not specified in snippet), and progressed to Phase III trials. The company was acquired by Nestlé Health Science in 2020 for $2.6 billion or $34.50 per share after FDA approval of Palforzia for peanut allergy treatment in January 2020.
Nov 2013Series ALongitude Capital (lead)$17MAimmune Therapeutics is a biopharmaceutical company developing treatments for food allergies, including PALFORZIA, the first approved treatment for peanut allergy. Longitude Capital was the founding Series A investor in Aimmune in 2013. The company went public in 2015 and was acquired by Nestlé Health Science in 2020 for $2.6 billion at $34.50 per share.

Who has invested in Aimmune Therapeutics?

6 investors have backed Aimmune Therapeutics across its funding rounds, including Longitude Capital, Fidelity, RA Capital Management, Foresite Capital, Adage Capital Management and Aisling Capital.

Lead investors include Foresite Capital and Longitude Capital.


Aimmune Therapeutics Investors

Investors in Aimmune Therapeutics by funding rounds participated
InvestorHQRoundsRoleFirst check
Longitude CapitalUnited StatesSan Francisco, CA2LeadNov 2013
FidelityUnited StatesBoston, MA1ParticipantMar 2015
Foresite CapitalUnited StatesSan Francisco, CA1LeadMar 2015
RA Capital ManagementUnited StatesBoston, MA1ParticipantMar 2015

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Aimmune Therapeutics Competitors

Aimmune Therapeutics competitors include listed companies like Camurus, Wockhardt, Hualan Biological Engineering and Hubei Jumpcan, and private ones like Sinovac Life Sciences and Cytovant.

Public and private companies comparable to Aimmune Therapeutics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CamurusSwedenSwedenPublicly listed$231M$91M$3.5B11.1x
WockhardtIndiaIndiaPublicly listed$346M$69M$3.5B-
Hualan Biological EngineeringChinaChinaPublicly listed$685M$216M$3.5B5.1x
Hubei JumpcanChinaChinaPublicly listed$927M$360M$3.5B2.1x
Sinovac Life SciencesChinaBeijingPrivate--$3.3B-
CytovantChinaShanghaiPrivate--$3.3B-

Aimmune Therapeutics Public Comps

Aimmune Therapeutics is no longer listed, but its public comps include Camurus, Wockhardt, Hualan Biological Engineering, Hubei Jumpcan, Laboratorios Rovi, Viking Therapeutics, China Medical System, Legend Biotech, Beijing Tiantan and CR Pharmaceutical.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Camurus$231M$91M13.4x11.1x34.0x28.0x
Wockhardt$346M$69M10.7x-53.4x-
Hualan Biological Engineering$685M$216M4.8x5.1x15.3x16.3x
Hubei Jumpcan$927M$360M2.1x2.1x5.3x-
Laboratorios Rovi$856M$248M4.0x3.9x13.9x14.2x
Viking Therapeutics-($393M)--(7.5x)(5.9x)
China Medical System$1.2B$344M2.2x2.0x7.9x7.9x
Legend Biotech$1B($272M)2.7x2.1x(10.0x)(641.4x)

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Common questions about Aimmune Therapeutics

When was Aimmune Therapeutics founded?Aimmune Therapeutics was founded in 2011.
Where is Aimmune Therapeutics headquartered?Aimmune Therapeutics is headquartered in United States.
Is Aimmune Therapeutics publicly listed?No, Aimmune Therapeutics was acquired by Nestlé Health Science in August 2020.
Who acquired Aimmune Therapeutics?Aimmune Therapeutics was acquired by Nestlé Health Science in August 2020.
How much was Aimmune Therapeutics acquired for?Aimmune Therapeutics was acquired for $3.5B in August 2020.
How much funding has Aimmune Therapeutics raised?Aimmune Therapeutics has raised $97M across 2 funding rounds.
What was Aimmune Therapeutics' last funding round?Aimmune Therapeutics' last funding round was a $80M Series B in March 2015, led by Foresite Capital.
Who are Aimmune Therapeutics' investors?Aimmune Therapeutics' investors include Longitude Capital, Fidelity, Foresite Capital, RA Capital Management, Adage Capital Management and Aisling Capital.
Which companies are comparable to Aimmune Therapeutics?Companies comparable to Aimmune Therapeutics include Camurus, Wockhardt, Hualan Biological Engineering, Hubei Jumpcan, Sinovac Life Sciences and Cytovant.

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