Pharma BD Deal Intelligence

Allergan plc / Topokine Therapeutics, Inc.

2016 · Acquisition/Merger · $85M · Complete

WRONG BY 69 POINTS
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Top 25 most overhyped deals we track

Ranks computed across 828 graded deals (Critic + Outcome Score both present).

The coverage arc

Apr 21, 2016 Fierce Biotech Neutral

Allergan is racking up another new deal in the wake of its broken merger with Pfizer... This new addition to the pipeline also fits neatly into Saunders'…

Apr 22, 2016 Healio Dermatology Bullish

Board-certified dermatologist Jeffrey Dover called a topical fat-reduction option 'an important step forward'; Phase 2 placebo-controlled trial demonstrated…

Apr 22, 2016 pharmaphorum Bullish

The deal makes sense for Botox-maker Allergan, which already has a strong presence in the market for medical and facial aesthetics. An estimated 40 million…

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

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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

Related deals — scored

DealYearValueOutcome
Allergan plc / Topokine Therapeutics, Inc. (this deal)2016$85M17
Allergan plc / Merck & Co., Inc. (CGRP receptor antagonist program)2015$250M91
Allergan plc / SkinMedica, Inc.2012$375M55
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

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