Pharma BD Deal Intelligence

Allergan plc / Topokine Therapeutics, Inc.

2016 · Acquisition/Merger · $85M · Complete

Announcement Sentiment
86
Strongly positive

Allergan acquired Topokine Therapeutics, a clinical-stage company developing topical medicines for fat reduction. Allergan paid $85M upfront plus undisclosed success-based development and sales milestones for XAF5, a first-in-class topical agent in late-stage development for steatoblepharon (under-eye bags).

Did it work? Outcome assessment

Strategic verdict
Failed to Achieve
Financial impact
Impaired/Written Down
Pipeline outcome
Assets Stalled

Key facts

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