Pharma BD Deal Intelligence

Auxilium Pharmaceuticals, Inc. / QLT Inc.

2014 · Reverse Merger · $850M · Terminated

Announcement Sentiment
40
Skeptical

Auxilium and Vancouver-based QLT announced a $850M tax-inversion reverse merger that would have left Auxilium shareholders owning 76% of the combined Canadian-domiciled entity. Terminated October 9, 2014 when Auxilium accepted a superior $2.6B bid from Endo; QLT received a $28.4M termination fee.

Key facts

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