Pharma BD Deal Intelligence

AstraZeneca PLC / Almirall S.A. (respiratory franchise)

2014 · Asset Purchase · $2.1B · Complete

CALLED IT — OFF BY 18
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The coverage arc

Nov 03, 2014 FierceBiotech Neutral

Closing transferred Eklira, Duaklir Genuair, and abediterol to AstraZeneca for $875M upfront and up to $1.22B in milestones, giving AZ immediate on-market COPD…

Nov 04, 2014 Pharmaphorum Bullish

Analysts framed the deal as core to AstraZeneca's standalone strategy after rebuffing Pfizer, accelerating the respiratory franchise's contribution to…

Nov 25, 2021 AstraZeneca Bearish

AstraZeneca later transferred global rights for Eklira and Duaklir to Covis Pharma, indicating the acquired assets ultimately did not meet long-term portfolio…

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AstraZeneca agreed to acquire Almirall's respiratory business including Eklira/Tudorza and the Genuair device for $875M upfront plus up to $1.22B in development/launch/sales milestones. Strengthened AstraZeneca's COPD/asthma portfolio alongside Symbicort and Pulmicort; closed November 3, 2014.

Did it work? Outcome assessment

Strategic verdict
Failed to Achieve
Financial impact
Dilutive
Pipeline outcome
Mixed

Key facts

Related deals — scored

DealYearValueOutcome
AstraZeneca PLC / Almirall S.A. (respiratory franchise) (this deal)2014$2.1B32
AstraZeneca PLC / Daiichi Sankyo Company, Limited2019$6.9B100
AstraZeneca PLC / KuDOS Pharmaceuticals Limited2005$210M98
AstraZeneca PLC / Alexion Pharmaceuticals Inc.2020$39.0B86
AstraZeneca PLC / Acerta Pharma2015$4.0B86
AstraZeneca PLC / Amgen Inc.2020$2.3B84
AstraZeneca PLC / MedImmune Inc.2007$15.6B82

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