Pharma BD Deal Intelligence

Abbott Laboratories / Piramal Healthcare (Healthcare Solutions Business)

2010 · Asset Purchase · $3.7B · Complete

CALLED IT — OFF BY 15
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The coverage arc

May 21, 2010 Abbott Laboratories Form 8-K (Exhibit 99.1) Bullish

Abbott announced a definitive deal to acquire Piramal's Healthcare Solutions business for $2.12 billion upfront plus $400 million annually for four years,…

May 22, 2010 Business Standard Neutral

Business Standard reported Abbott acquiring Piramal's domestic formulations business for $3.7 billion as global drugmakers sought to boost their presence in…

Sep 08, 2010 Fierce Pharma Neutral

Fierce Pharma reported Abbott completed the Piramal Healthcare Solutions acquisition, becoming the leading pharmaceutical company in India, framing it within…

Source summaries from our enrichment pipeline; follow links for originals.

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Abbott to acquire Piramal Healthcare's Healthcare Solutions branded generics business for $2.2B upfront + $400M annual installments 2011-2014. Made Abbott #1 pharma in India. Closed September 8, 2010.

Did it work? Outcome assessment

Strategic verdict
Partially Achieved
Financial impact
Dilutive

Key facts

Related deals — scored

DealYearValueOutcome
Abbott Laboratories / Piramal Healthcare (Healthcare Solutions Business) (this deal)2010$3.7B55
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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