Pharma BD Deal Intelligence

Cephalon Inc. / Anesta Corp.

2000 · Acquisition/Merger · $444M · Complete

CALLED IT — OFF BY 16
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Jul 18, 2000 Deseret News Neutral

Cephalon will acquire Salt Lake City's Anesta for $444 million in stock, valuing each Anesta share at $31.45; Anesta shares jumped $10.50, or 47.5 percent, on…

Sep 08, 2000 Cephalon 8-K Exhibit 20.1 (Anesta merger proxy statement/prospectus) Bullish

The board of directors of Anesta Corp. has unanimously approved a merger with Cephalon, Inc... holders of Anesta common stock will receive 0.4765 of a share of…

Oct 11, 2000 Deseret News Neutral

Anesta shareholders approved the all-stock merger at 0.4765 Cephalon shares per Anesta share; Salt Lake City headcount to contract from 77 to ~55-60 by…

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Cephalon acquired Anesta in an all-share deal worth ~$444M ($31.45/share). Brought worldwide rights to Actiq (OTFC fentanyl) for breakthrough cancer pain — Cephalon's first marketed in-house product alongside Provigil. Closed October 2000.

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Related deals — scored

DealYearValueOutcome
Cephalon Inc. / Anesta Corp. (this deal)2000$444M64
Cephalon Inc. / Laboratoire L. Lafon S.A. (Group Lafon)2000$450M89
Cephalon Inc. / Salmedix, Inc.2005$160M89
Cephalon Inc. / Group Lafon (France)2001$450M80
Cephalon Inc. / Cell Therapeutics, Inc.2005$70M74
Cephalon Inc. / Anesta Corp.2001$444M65
Cephalon Inc. / Zeneus Holdings Limited (Zeneus Pharma)2005$360M63

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