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RWD Acquisition I

Clearwater, Florida, United States
Ownership
Private
Development stage
Other
01

Overview

RWD Acquisition I LLC is a private investment vehicle and holding company founded and led by billionaire biotech investor Robert W. Duggan. The entity is most notable for its role in the 2008 acquisition of a controlling stake in Pharmacyclics, Inc., where Duggan subsequently served as CEO and oversaw the development of the blockbuster cancer drug Imbruvica (ibrutinib). Following the $21 billion sale of Pharmacyclics to AbbVie in 2015, the vehicle has continued to serve as a platform for Duggan's strategic investments in the life sciences sector. Currently, Duggan is the CEO and largest shareholder of Summit Therapeutics, and RWD Acquisition I remains a key entity in his investment portfolio.

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