Pharma BD Deal Intelligence

Mylan Inc. / Famy Care Limited (women's healthcare businesses)

2015 · Asset Purchase · $800M · Complete

Mylan's $750M-800M Famy Care acquisition delivered a genuine women's health franchise—Yaz, Minastrin 24 Fe, Depo-Provera all launched from the deal—before Viatris wrote it off as non-core and sold it to Insud Pharma in 2024, eight years after close.

WRONG BY 37 POINTS
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The coverage arc

Feb 02, 2015 BioSpace (Mark Terry) Bullish

Headlined 'Mylan Inc. to Become a Women's Healthcare Powerhouse With $800 Million Buy'; notes Famy Care is the largest producer of generic oral contraceptives…

Feb 02, 2015 Pharmacy Times Bullish

Bresch: 'In 2008, Mylan established a partnership with Famy Care, significantly enhancing its presence in the women's health care segment in the U.S. and other…

Feb 03, 2015 Pharmaceutical Technology Bullish

Mylan to acquire Famy Care women's health businesses for $750M cash plus up to $50M contingent payments, building vertically integrated platform with…

Source summaries from our enrichment pipeline; follow links for originals.

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Mylan agreed to acquire certain women's healthcare businesses from Famy Care for $750M cash plus up to $50M contingent payments. Famy Care was the world's largest producer of generic OCPs. Acquisition closed November 20, 2015 via Mylan Laboratories Limited subsidiary.

Did it work? Outcome assessment

Strategic verdict
Achieved Stated Rationale
Financial impact
Neutral
Mylan paid $750M cash plus up to $50M contingent (~$800M total) for Famy Care's female-healthcare businesses, completing in November 2015 and rebranding the acquired entity Jai Pharma. The portfolio was folded into Mylan's emerging-markets women's-healthcare franchise. No standalone Famy Care impairment was disclosed; the assets carried through into Viatris when Mylan merged with Pfizer's Upjohn in November 2020. Contribution was not separately broken out in segment reporting
Pipeline outcome
Assets Advanced
Famy Care brought a broad generic oral-contraceptive portfolio, dedicated hormone manufacturing and technical capabilities that Mylan commercialized across high-growth emerging markets, positioning it as a hormonal-contraceptives leader.

Key facts

Disease & market context

Women's Health / Hormonal Contraception

$19.8B Global contraceptives market 2015

Disease Overview

Hormonal contraceptives (combined oral contraceptive pills, progestin-only pills, injectables, IUDs, hormone replacement therapy) prevent pregnancy by suppressing ovulation, thickening cervical mucus, or thinning the endometrium. Generic OCPs represent the highest-volume women's health category globally, with strong demand in emerging markets where access and affordability are primary purchase drivers. The category is highly commoditized, with competition driven by manufacturing scale, regulatory approvals, and supply reliability rather than innovation.

Competitive Landscape

The Mylan-Famy Care transaction (announced February 2015, closed November 20, 2015 via Mylan Laboratories Limited subsidiary) consolidated the world's largest generic OCP manufacturer into a leading global generics platform. Famy Care's portfolio spanned oral and injectable contraceptives, IUDs, tubal rings, and HRT—with two of its four India-based facilities holding FDA and EU approvals. The competitive set in 2015 included Teva (post-Barr/Duramed legacy products like Plan B and Seasonique generics), Lupin (Tydemy authorized generics), Glenmark, Mayne Pharma, and Aurobindo, alongside branded incumbents Bayer (Yaz/Yasmin), Allergan (Lo Loestrin), and Merck (NuvaRing). The Famy assets gave Mylan vertical integration, accelerated entry into emerging markets, and an established US/EU-quality manufacturing footprint—building on existing supply partnerships in North America, Europe, and Australia. The acquired entity was rebranded Jai Pharma. The strategic logic was scale-driven: capturing pricing leverage in a commoditized category by becoming the unambiguous global volume leader.

Related deals — scored

DealYearValueOutcome
Mylan Inc. / Famy Care Limited (women's healthcare businesses) (this deal)2015$800M56
Mylan Inc. / Theravance Biopharma, Inc. (TD-4208 program)2015$265M61
Mylan Inc. / Bioniche Pharma Holdings Limited2010$550M60
Mylan Inc. / Agila Specialties (Strides Arcolab)2013$1.8B45
Mylan Inc. / Abbott Laboratories (non-U.S. developed-markets specialty and branded generics business)2014$5.3B33
Sumitovant Biopharma / Myovant Sciences Ltd.2022$1.7B60
Astellas Pharma Inc. / Ogeda SA2017$850M59

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