Blueprint Medicines gains on Sanofi's $9 bln buyout offer

ReutersJun 2, 2025 9:12 AM

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Blueprint Medicines BPMC.O jumps 27.03% to $128.74 premarket

French drugmaker Sanofi SASY.PA to buy Blueprint for more than $9 billion

Sanofi paying $129/share in cash for Blueprint, a 27% premium to last close

Deal's equity value ~$9.1 billion, with potential to increase to $9.5 billion, including contingent value rights

Acquisition expected to be finalized in Q3 2025

BPMC up 16.2% this year, as of last close

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