Pharma BD Deal Intelligence

Abbott Laboratories / Biocompatibles International plc (cardiovascular stent business)

2002 · Acquisition/Merger · $235M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Mar 19, 2002 The Pharma Letter Bullish

Abbott agreed to acquire Biocompatibles' stent business for $234.5 million, gaining the BiodivYsio drug-eluting stent franchise and complementing its in-house…

Mar 25, 2002 Citeline (Medtech Insight) Neutral

Abbott's $235M purchase includes royalties up to 6%, signaling a meaningful long-term commitment to the drug-eluting stent space alongside an outright asset…

May 13, 2003 Circulation (AHA) - DES Review Bullish

BiodivYsio's phosphorylcholine polymer was being evaluated as a versatile carrier for multiple anti-restenotic agents and a VEGF gene-therapy stent —…

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Announced March 18, 2002, Abbott Laboratories acquired the cardiovascular stent business of Biocompatibles International plc for approximately $235 million in cash. The FTC granted early termination of the antitrust waiting period on June 26, 2002.

Key facts

Related deals — scored

DealYearValueOutcome
Abbott Laboratories / Biocompatibles International plc (cardiovascular stent business) (this deal)2002$235M
Abbott Laboratories / Knoll Pharmaceutical Company (BASF Pharma)2001$6.9B100
Abbott Laboratories / Knoll Pharmaceuticals (BASF Pharma)2000$6.9B95
Abbott Laboratories / Alere Inc.2016$5.8B95
Abbott Laboratories / St. Jude Medical2016$30.5B82
Abbott Laboratories / TheraSense Inc.2004$1.2B81
Abbott Laboratories / Vysis Inc.2001$355M79

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