Pharma BD Deal Intelligence

AbbVie Inc. / Pharmacyclics Inc.

2015 · Acquisition/Merger · $21.0B · Complete

WRONG BY 29 POINTS
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Ranks computed across 828 graded deals (Critic + Outcome Score both present).

The coverage arc

Mar 04, 2015 AbbVie Press Release via PR Newswire Bullish

AbbVie to Acquire Pharmacyclics, including its blockbuster product Imbruvica, Creating an Industry Leading Hematological Oncology Franchise. Under the terms of…

Mar 05, 2015 Genetic Engineering & Biotechnology News Neutral

AbbVie Acquires Oncology Drug Firm Pharmacyclics for $21 Billion.

Jan 06, 2016 Motley Fool Neutral

Imbruvica projected at $14B peak sales with 85% reduction in death risk in CLL trials. Whether it offsets Humira risk still remains to be seen.

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

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AbbVie acquired Pharmacyclics for approximately $21 billion ($261.25 per share in a 58% cash / 42% stock mix), gaining full ownership of Imbruvica (ibrutinib), a first-in-class BTK inhibitor with four approved indications in hematologic malignancies and over 50 ongoing clinical studies.

Did it work? Outcome assessment

Strategic verdict
Achieved Stated Rationale
Financial impact
Accretive
Pipeline outcome
Mixed

Key facts

Related deals — scored

DealYearValueOutcome
AbbVie Inc. / Pharmacyclics Inc. (this deal)2015$21.0B79
AbbVie Inc. / Boehringer Ingelheim GmbH2016$2.2B95
AbbVie Inc. / Genmab A/S2020$3.9B81
AbbVie Inc. / Apogee Therapeutics, Inc.2026$10.9B72
AbbVie Inc. / ImmunoGen Inc.2023$10.1B69
AbbVie Inc. / Gilgamesh Pharmaceuticals Inc.2024$2.0B64
AbbVie Inc. / MedinCell S.A.2024$1.9B61

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