Sterling Bay Partnership Secures $290M Financing for Sorrento Mesa’s Pacific Center
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May 29, 2026
Everest Medicines Ltd. agreed to acquire the Singapore-based commercial unit of Hasten Biopharmaceuticals (Asia) Ltd. for $150 million up front. The deal grants Everest market authorization holder rights to 14 marketed products originally developed by Takeda Pharmaceutical Co. Ltd.
The excerpt also references a $250 million deal value, but the stated upfront consideration is $150 million. The transaction is announced and subject to standard closing processes for commercial-unit transfers.
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