Pharma BD Deal Intelligence

Pharmacia Corporation / Sensus Drug Development Corporation

2001 · Acquisition/Merger · $65M · Complete

WRONG BY 28 POINTS

A small, sound bolt-on: Sensus's Somavert became a durable 20+ year Pfizer niche product, but was subsumed into the 2003 Pfizer-Pharmacia mega-merger before Pharmacia ever ran it independently.

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The coverage arc

Mar 08, 2001 BioWorld Bullish

Pharmacia exercised its 1999 option to buy the remaining ~80% of Sensus, taking a 3-cent-per-share Q1 charge with no further earnings impact for the year and…

Apr 01, 2004 PubMed (Pegvisomant Pfizer/Sensus) Neutral

Pegvisomant's selective GH-receptor antagonism positioned it as a complement, not a replacement, for somatostatin analogs in patients with inadequate…

May 21, 2009 Discovery Medicine Bullish

Somavert addressed acromegaly patients refractory to somatostatin analogs and became a rare-disease franchise asset Pfizer inherited via the Pharmacia…

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

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Acquired Sensus to gain pegvisomant (Somavert/Trovert) growth-hormone receptor antagonist for acromegaly. Value undisclosed.

Did it work? Outcome assessment

A small, sound bolt-on: Sensus's Somavert became a durable 20+ year Pfizer niche product, but was subsumed into the 2003 Pfizer-Pharmacia mega-merger before Pharmacia ever ran it independently.

Strategic verdict
Partially Achieved

Key facts

Related deals — scored

DealYearValueOutcome
Pharmacia Corporation / Sensus Drug Development Corporation (this deal)2001$65M60
Pharmacia Corporation / The Upjohn Company1995$13.0B37
Abbott Laboratories / Knoll Pharmaceutical Company (BASF Pharma)2001$6.9B100
Vertex Pharmaceuticals Incorporated / Aurora Biosciences Corporation2001$592M95
Amgen Inc. / Immunex Corporation2001$16.0B91
Swedish Orphan Biovitrum AB / Biovitrum2001$493M84
Barr Laboratories Inc. / Duramed Pharmaceuticals Inc.2001$589M82

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