Pharma BD Deal Intelligence

Pharmacia & Upjohn Inc. / Monsanto Company

1999 · Acquisition/Merger · $27.0B · Complete

CALLED IT — OFF BY 1
Full analysis, sources & comparables →
Top 5 largest deals of the 1990s

Ranks computed across 828 graded deals (Critic + Outcome Score both present).

Pharmacia & Upjohn and Monsanto merged in a $27 billion stock-for-stock merger of equals, creating Pharmacia Corporation with a combined market capitalization exceeding $50 billion. Each Pharmacia share was exchanged for 1.19 shares and each Monsanto share for 1 share of the new entity. The agricultural division was later spun off as a separate Monsanto.

Key facts

Related deals — scored

DealYearValueOutcome
Pharmacia & Upjohn Inc. / Monsanto Company (this deal)1999$27.0B64
Amgen Inc. / Immunex Corporation2002$16.0B92
PerkinElmer, Inc. / EUROIMMUN Medizinische Labordiagnostika AG2017$1.3B88
Vertex Pharmaceuticals Incorporated / Alpine Immune Sciences2024$4.9B78
Roche Holding AG / Genentech, Inc. (Roche Group)2009$46.8B72
Travere Therapeutics, Inc. / Everest Medicines Limited2026$1.1B72
Amgen Inc. / Horizon Therapeutics plc2022$27.8B72

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →