Blueprint Medicines invented Ayvakit, a pill approved for systemic mastocytosis and for a rare gut tumour called GIST that carries a specific mutation. The French drug maker Sanofi bought the company in 2025.
Blueprint Medicines is a Cambridge, Massachusetts kinase medicine company, now a Sanofi company. Its approved product, Ayvakit/Ayvakyt (avapritinib), is a KIT and PDGFRA inhibitor approved for advanced and indolent systemic mastocytosis and, per the company's site, for certain gastrointestinal stromal tumours (GIST). The pipeline includes elenestinib, a next-generation KIT inhibitor for systemic mastocytosis, and BLU-808, an oral wild-type KIT inhibitor for mast cell-driven allergic and inflammatory disease. Sanofi and Blueprint announced a definitive agreement on 2 June 2025 at 129 US dollars per share in cash (about 9.1 billion US dollars equity value) plus a contingent value right of up to 6 US dollars per share; the tender offer expired on 17 July 2025 with about 70.9 percent of shares tendered, and the merger was completed the same day, ending the Nasdaq listing. Blueprint's former Nasdaq ticker was BPMC.
Investors not recorded; see the round sources.
| Round | Year | Amount | Source |
|---|---|---|---|
| Acquisition · 129 US dollars per share in cash (equity value about 9.1 billion) plus a contingent value right worth up to 6 US dollars per share for BLU-808 milestones; tender offer and merger completed 17 July 2025 | 2025 | $9.1B | sec.gov |
Amounts only where the cited source states them. Rounds without a public source are not listed.
Pralsetinib is the second selective RET pill for lung cancer, less used than selpercatinib after a change of owner and label.
Shares Pralsetinib, RET fusion-positive non-small-cell lung cancer.
Shares ARROW (thyroid cohorts), RET fusion-positive non-small-cell lung cancer, Small-molecule kinase inhibitors.
Shares ARROW (thyroid cohorts), RET fusion-positive non-small-cell lung cancer, Small-molecule kinase inhibitors.
Shares KIT, Sarcomas (soft tissue, bone, GIST), Small-molecule kinase inhibitors.
Shares KIT, Sarcomas (soft tissue, bone, GIST), Small-molecule kinase inhibitors.
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