Pharma BD Deal Intelligence

AstraZeneca PLC / Bristol-Myers Squibb Company / Amylin diabetes alliance

2012 · Co-Development · $3.5B · Complete

WRONG BY 52 POINTS
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Top 5 most underrated deals we track

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

The coverage arc

Sep 13, 2010 CBS News / BNET Bearish

Victoza captured 26% of GLP-1 class prescriptions and 33.9% of new starts within months of launch — foreshadowing the share-erosion challenge AZ/BMS would…

Aug 09, 2012 Bristol-Myers Squibb Neutral

AstraZeneca paid BMS ~$3.4B cash for 50/50 profit share on Amylin's diabetes portfolio (Byetta, Bydureon, metreleptin); optional $135M for equal governance…

Jun 14, 2014 FiercePharma Bearish

Subsequent head-to-head data and Lilly's dulaglutide entry confirmed the post-deal concern that Bydureon's once-weekly advantage was eroding faster than the…

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

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Following BMS acquisition of Amylin, AstraZeneca paid BMS $3.4B cash to enter 50/50 profit share on the Amylin GLP-1 portfolio (Byetta, Bydureon). Optional $135M for equal governance rights. Expanded the existing BMS-AZ diabetes alliance.

Did it work? Outcome assessment

Strategic verdict
Partially Achieved
Financial impact
Impaired/Written Down
Pipeline outcome
Mixed

Key facts

Related deals — scored

DealYearValueOutcome
AstraZeneca PLC / Bristol-Myers Squibb Company / Amylin diabetes alliance (this deal)2012$3.5B77
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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