Pharma BD Deal Intelligence

King Pharmaceuticals Inc. / Aventis Pharmaceuticals (Intal/Tilade/Synercid rights)

2002 · Licensing/Option · $275M · Complete

CALLED IT — OFF BY 24

All three acquired brands were written down and Intal was discontinued outright — a small bolt-on that steadily bled value for eight years

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The coverage arc

Dec 30, 2002 PharmaBiz Neutral

On December 30, 2002, King Pharmaceuticals licensed or acquired the rights to three branded pharmaceutical products from Aventis for the initial cash payment…

Jan 01, 2023 CDC Asthma Surveillance Neutral

In 2001, about 20.3 million people (7.4% of the U.S. population) had asthma among all ages; between 2002 and 2018, current asthma prevalence ranged from a low…

Jan 01, 2024 Wikipedia (Quinupristin/dalfopristin) Bearish

Combination of two antibiotics used to treat infections caused by staphylococci and by vancomycin-resistant Enterococcus faecium; the two components work…

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December 30, 2002 acquisition of US rights to Intal (cromolyn), Tilade (nedocromil) and Synercid (quinupristin/dalfopristin) plus associated IP.

Did it work? Outcome assessment

All three acquired brands were written down and Intal was discontinued outright — a small bolt-on that steadily bled value for eight years

Strategic verdict
Failed to Achieve

Key facts

Related deals — scored

DealYearValueOutcome
King Pharmaceuticals Inc. / Aventis Pharmaceuticals (Intal/Tilade/Synercid rights) (this deal)2002$275M26
King Pharmaceuticals Inc. / Jones Pharma Incorporated2000$3.4B54
King Pharmaceuticals Inc. / Bristol-Myers Squibb (Corgard/Corzide/Delestrogen/Florinef rights)2001$285M51
Roche Holding AG / Chugai Pharmaceutical Co. Ltd.2002$1.4B100
Gilead Sciences Inc. / Triangle Pharmaceuticals Inc.2002$464M96
Amgen Inc. / Immunex Corporation2002$16.0B92
Novartis AG / Lek Pharmaceuticals d.d.2002$876M88

Compare all 7 side-by-side →

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