Pharma BD Deal Intelligence

Barr Laboratories Inc. / Duramed Pharmaceuticals Inc.

2001 · Acquisition/Merger · $589M · Complete

CALLED IT — OFF BY 3

A $589M stock deal that built Barr's women's health franchise, which anchored Barr's own $7.46B sale to Teva in 2008 and still operates today as Teva Women's Health.

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The coverage arc

Jun 29, 2001 Barr Laboratories 8-K Exhibit 99.5 (joint press release) Bullish

The merger will create a leading developer, manufacturer and marketer of proprietary and generic female healthcare products... Barr expects the transaction to…

Jul 01, 2001 The Pharma Letter Neutral

Barr Laboratories has signed a definitive agreement to acquire Duramed Pharmaceuticals in a transaction that is being valued by observers at around…

Jun 20, 2005 Chemical & Engineering News (C&EN) Neutral

C&EN noted that in 1999 the FDA had approved Cenestin (Duramed) as the second conjugated estrogen product after Wyeth's long-dominant Premarin, in a market…

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$589M stock swap (some sources $571M). Strategic move from pure-play generics into branded women's health (Cenestin).

Did it work? Outcome assessment

A $589M stock deal that built Barr's women's health franchise, which anchored Barr's own $7.46B sale to Teva in 2008 and still operates today as Teva Women's Health.

Strategic verdict
Achieved Stated Rationale

Key facts

Related deals — scored

DealYearValueOutcome
Barr Laboratories Inc. / Duramed Pharmaceuticals Inc. (this deal)2001$589M82
Abbott Laboratories / Knoll Pharmaceutical Company (BASF Pharma)2001$6.9B100
Vertex Pharmaceuticals Incorporated / Aurora Biosciences Corporation2001$592M95
Amgen Inc. / Immunex Corporation2001$16.0B91
Swedish Orphan Biovitrum AB / Biovitrum2001$493M84
Cephalon Inc. / Group Lafon (France)2001$450M80
Abbott Laboratories / Vysis Inc.2001$355M79

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