Pharma BD Deal Intelligence

Allergan plc / SkinMedica, Inc.

2012 · Acquisition/Merger · $375M · Complete

WRONG BY 28 POINTS
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The coverage arc

Nov 16, 2012 Practical Dermatology Neutral

Allergan will pay $350 million upfront plus $25 million contingent on net sales targets; Allergan plans to operate SkinMedica as a separate global business…

Dec 19, 2012 BioSpace (Allergan completion PR) Neutral

Allergan completed its acquisition of SkinMedica for approximately $350 million roughly one month after the November 16, 2012 announcement; SkinMedica will…

Dec 21, 2012 Practical Dermatology Bullish

Practical Dermatology noted Allergan would operate SkinMedica as a separate global business out of Carlsbad, CA — preserving brand identity in the…

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

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Allergan acquired SkinMedica for $350M upfront plus up to $25M sales-based contingent. Complemented existing Botox/Juvederm aesthetics franchise with leadership in physician-dispensed topical aesthetics skincare. Excluded Colorescience makeup line.

Did it work? Outcome assessment

Strategic verdict
Partially Achieved
Financial impact
Neutral
Pipeline outcome
Assets Advanced

Key facts

Related deals — scored

DealYearValueOutcome
Allergan plc / SkinMedica, Inc. (this deal)2012$375M55
Allergan plc / Merck & Co., Inc. (CGRP receptor antagonist program)2015$250M91
Allergan plc / Inamed Corporation2005$3.2B50
Allergan plc / Oculeve, Inc.2015$250M33
Allergan plc / Zeltiq Aesthetics, Inc.2017$2.5B32
Allergan plc / Kythera Biopharmaceuticals, Inc.2015$2.1B23
Allergan plc / Anterios, Inc.2016$90M19

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