Pharma BD Deal Intelligence

Abbott Laboratories / Knoll Pharmaceuticals (BASF Pharma)

2000 · Asset Purchase · $6.9B · Complete

CALLED IT — OFF BY 15

Greatest ROI in pharma history: $6.9B purchase yielded $231B in Humira revenue

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The coverage arc

Dec 15, 2000 CNN Money Bullish

Abbott to buy Knoll for $6.9 billion, acquiring BASF's pharmaceutical business including the promising monoclonal antibody D2E7.

Dec 18, 2000 Abbott Laboratories SEC Filing Neutral

Abbott Laboratories SEC filing related to the definitive agreement to acquire the pharmaceutical business of BASF (Knoll).

May 02, 2005 Adalimumab - Wikipedia Bullish

Abbott acquired adalimumab (D2E7, later branded Humira) when it purchased Knoll Pharmaceuticals from BASF in 2001 for $6.9 billion, gaining what would become…

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Abbott Laboratories acquired the global pharmaceutical operations of BASF (Knoll Pharmaceuticals) for $6.9 billion in cash. The deal included D2E7, a developmental monoclonal antibody later known as Humira (adalimumab), which became the world's best-selling drug with peak annual sales exceeding $20 billion.

Key facts

Related deals — scored

DealYearValueOutcome
Abbott Laboratories / Knoll Pharmaceuticals (BASF Pharma) (this deal)2000$6.9B95
Abbott Laboratories / Knoll Pharmaceutical Company (BASF Pharma)2001$6.9B100
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
Abbott Laboratories / Genentech, Inc. (Roche Group)200779

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