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Halozyme Therapeutics Acquires Elektrofi for $750M

Marks a strategic milestone in Halozyme’s mission to expand its drug delivery technology offerings to biopharma companies.

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By: Charlie Sternberg

Associate Editor

Halozyme Therapeutics Inc. has completed its previously announced acquisition of Elektrofi Inc., a biopharmaceutical company with a proprietary ultra-high concentration microparticle formulation technology for biologics, branded Hypercon. Halozyme has acquired Elektrofi for an upfront payment of $750 million, subject to customary purchase price adjustments, and up to three $50 million milestone payments contingent on three separate product regulatory approvals, for a total consideration of up...

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