CompletedHealthcare6 April 2026

Neurocrine Biosciences, Inc. to acquire Soleno Therapeutics, Inc.

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
Neurocrine Biosciences, Inc.
Target
Soleno Therapeutics, Inc.
Deal value
Not disclosed
Announced
6 April 2026
Status
Completed
Sector
Healthcare
Country
United States
Consideration
cash
What we know

Neurocrine Biosciences, Inc. has agreed to acquire Soleno Therapeutics, Inc. in a going private transaction valued at an undisclosed amount. The deal, announced on 6 April 2026, was executed entirely through cash consideration. Both parties are based in the United States and operate within the healthcare sector. The transaction was completed on 18 May 2026, marking the end of the public listing for the target company.

This acquisition represents a significant consolidation within the US healthcare landscape, bringing the private equity-backed entity under the control of the established biopharmaceutical buyer. The structure allows the target to transition from a public to a private status without the immediate pressure of public market reporting requirements. The completion of the deal confirms that all necessary regulatory and shareholder approvals were secured in a timely manner. The transaction is now fully concluded with no further regulatory hurdles remaining.

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Deal timeline

1 update
  1. CompletedClosed

    Neurocrine Biosciences, Inc. completes acquisition of Soleno Therapeutics, Inc.

    Introductory Note As previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on April 6, 2026, Soleno Therapeutics, Inc., a Delaware corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”), dated as of April 5, 2026, with Neurocrine Biosciences, Inc., a Delaware corporation (“Parent”), and Sigma

    Source

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