Pharma BD Deal Intelligence
A small, margin-rich bolt-on that did its job quietly, then got pruned — no home run, no disaster.
Full analysis, sources & comparables →Gregory: 'These products complement our key cardiovascular product portfolio and provide King with an opportunity to further capitalize on the reputation and…
BMS recorded a $240M pre-tax gain on the divestiture of Corzide, Delestrogen, Florinef and the Corgard U.S. license to King Pharmaceuticals.
King's 10-K describes the August 8, 2001 acquisition of three product rights and a license from BMS for $285M, consistent with King's branded-acquisition…
Source summaries from our enrichment pipeline; follow links for originals.
All 6 sources with sentiment breakdown →
King paid BMS ~$285M cash for US rights to Corzide, Delestrogen, Florinef plus fully-paid Corgard license. Asset purchase, not entity.
A small, margin-rich bolt-on that did its job quietly, then got pruned — no home run, no disaster.
Assessment window: 15yr post-close.
| Deal | Year | Value | Outcome |
|---|---|---|---|
| King Pharmaceuticals Inc. / Bristol-Myers Squibb (Corgard/Corzide/Delestrogen/Florinef rights) (this deal) | 2001 | $285M | 51 |
| King Pharmaceuticals Inc. / Jones Pharma Incorporated | 2000 | $3.4B | 54 |
| King Pharmaceuticals Inc. / Aventis Pharmaceuticals (Intal/Tilade/Synercid rights) | 2002 | $275M | 26 |
| Abbott Laboratories / Knoll Pharmaceutical Company (BASF Pharma) | 2001 | $6.9B | 100 |
| Vertex Pharmaceuticals Incorporated / Aurora Biosciences Corporation | 2001 | $592M | 95 |
| Amgen Inc. / Immunex Corporation | 2001 | $16.0B | 91 |
| Swedish Orphan Biovitrum AB / Biovitrum | 2001 | $493M | 84 |