Endo Pharmaceuticals Holdings Inc. / Algos Pharmaceutical Corporation
2000 · Acquisition/Merger · $250M · Complete
Announcement Sentiment
40
Skeptical
Endo completed a $250M stock-swap acquisition of Algos Pharmaceutical (originally announced Nov 1999, repriced and closed Jul 17, 2000). Brought MorphiDex pain combination. The deal also took Endo public (Nasdaq: ENDP). MorphiDex later failed Phase 3 in 2002.