Country selection
To offer the best possible experience tailored to your national regulatory requirements and the available product portfolio, please choose your country from the following list. This option will be saved throughout the browser session. Thank you!
User experience & privacy
We use cookies to offer you an optimal website experience. This includes cookies necessary for the operation of the website and for the control of our commercial corporate goals, as well as those only used for anonymous statistical purposes, comfort settings or to display personalized content. Please note that based on your settings, not all functions of the website may be available. To find out more, please refer to our Data Privacy Statement.

IPSEN to acquire all shares in Octreopharm Sciences GmbH

Berlin, Germany

Berlin, 19 May 2015. Eckert & Ziegler Radiopharma GmbH (EZR) and a group of start-up investors have signed a purchase agreement with French pharmaceutical company IPSEN for all shares of Octreopharm Science GmbH (OPS), a drug development company located in Berlin-Buch. The deal, which is subject to various conditions precedent, has an overall value of about 50 mm EUR, milestones included.

EZR owns about third of OPS and would book extraordinary profits from the sale of shares if the deal becomes effective. Guidance about the profit impact of the transaction will be given, once the deal is closed, in EZAG’s subsequent quarterly report at the latest.

“Helping OPS getting off the ground and positioning EZR as a service partner for the radio-labeling of pharmaceuticals were our main objectives when we started OPS five years ago in Berlin-Buch”, said Dr. André Heß, head of Eckert & Ziegler’s pharmaceutical segment. “We are happy now to pass OPS on to a partner with an extensive expertise in neuroendocrine tumors (NET). Furthermore, the deal includes a long term strategic agreement between the purchaser and EZR, giving EZR a prominent role as a contract manufacturer for the radio-labeling of the OPS therapeutic compound.

OPS, who develops innovative medication for the clinical management of neuroendocrine tumors, recently had convincing preliminary clinical results for its lead compound OPS202. The company was founded in 2009 by nuclear medicine industry insiders. OPS closed its first financing round in 2011, with Eckert Life Science Accelerator, Berlin acting as lead investor for KfW Mittelstandsbank together with VC Fonds Technologie Berlin (IBB Beteiligungsgesellschaft). In a second round, OPS was supported by Shaanxi Xinyida Investment Co. Ltd., China and Eckert & Ziegler AG.

Note: The announcement that Ipsen acquires Octreopharm Sciences has been taken from .


Get in touch

Contact us regarding your questions and we will get back to you as soon as possible.
By clicking send, you give your consent for processing your personal data in accordance with our Data Privacy Statement.
Permission required
In order to submit your request it is required to load a 3rd-party service (Google Re-Captcha spam protection system). You current privacy settings prevent this from happening automatically. By clicking the button below you explicitly allow to temporarily (on this page) load 3rd party services.