Pharma BD Deal Intelligence

Bayer AG / Merck & Co. Inc.

2014 · Asset Purchase · $14.2B · Complete

CALLED IT — OFF BY 19
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The coverage arc

May 06, 2014 Pharmaceutical Technology Bullish

Bayer to acquire Merck's consumer care business for $14.2 billion, gaining global number two position in non-prescription medications.

Oct 02, 2014 BioPharma Dive Neutral

Bayer becomes a top OTC player after $14.2B deal with Merck, adding Claritin, Coppertone and Dr. Scholl's brands to its portfolio.

Apr 17, 2026 Merck Bullish

Merck and Bayer announced that their investigational drug vericiguat met its primary endpoint in the Phase III VICTORIA trial in patients with worsening…

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Bayer AG agreed to acquire Merck & Co.'s Consumer Care (MCC) business for $14.2 billion in an all-cash asset divestiture. The transaction included global trademark and prescription rights for Claritin, Afrin, Coppertone, Dr. Scholl's, and other OTC brands. Announced May 6, 2014; closed October 1, 2014.

Key facts

Related deals — scored

DealYearValueOutcome
Bayer AG / Merck & Co. Inc. (this deal)2014$14.2B56
Bayer AG / Schering AG2006$21.5B79
Bayer AG / BlueRock Therapeutics2002$600M79
Bayer AG / Merck & Co., Inc.2014$14.2B71
Bayer AG / Schering AG (residual squeeze-out)2007$985M69
Bayer AG / Arvinas, Inc.2019$1.0B59
Bayer AG / Asklepios BioPharmaceuticals2020$2.0B49

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