UCB has entered into a definitive agreement to acquire Neurona Therapeutics, a maneuver designed to fundamentally reinforce the group’s leadership in the global epilepsy market. The strategic rationale for this transaction centers on a "regeneration-acceleration" play, merging the target's industry-leading stem cell platform with the group’s extensive therapeutic expertise and global commercial infrastructure. This fusion effectively creates a specialized powerhouse in the advanced therapies arena, providing the organization with the scientific talent and lead investigational asset required to address the increasing demand for cures in drug-resistant mesial temporal lobe epilepsy. his operation allows the group to execute a definitive structural expansion beyond symptomatic treatment into the era of disease-modifying medicine. By incorporating the target's innovative GABAergic cell therapy candidate, which has already received RMAT and PRIME designations, the organization can now provide a more robust and integrated solution set for patients who have exhausted traditional pharmaceutical options.

This transaction is part of the Healthcare & Pharma industry, which currently tracks an average EBITDA multiple of 13.4x since the beginning of 2026, 1.2% decrease compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.