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 closed shortly after. 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 completed 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.