Pharma BD Deal Intelligence

Shire plc / Movetis NV

2010 · Acquisition/Merger · $565M · Complete

WRONG BY 55 POINTS
Full analysis, sources & comparables →

The coverage arc

Aug 03, 2010 Movetis NV (via Fierce Biotech) Bullish

Chairman Staf Van Reet: 'This transaction, when completed, will create significant shareholder value. This offer is a further remarkable milestone in Movetis'…

Aug 10, 2010 BioSpace Bullish

Shire's Mike Cola called Movetis 'a highly complementary fit for our GI business unit'; Shire estimates Resolor peak sales above €300M, citing strong patent…

Dec 01, 2010 Wikipedia (J&J spinout history) Neutral

Movetis was a 2006 J&J spinoff that took Resolor through EU approval in 30 countries and a 2009 IPO before Shire's €428M takeout — a fast specialty-pharma…

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

All 6 sources with sentiment breakdown →

Shire to acquire Movetis at €19/share cash, valuing equity at €428M (~$565M). Adds Belgian GI specialist with Resolor. Closed October 2010 with 99.21% shares tendered.

Did it work? Outcome assessment

Strategic verdict
Failed to Achieve
Financial impact
Impaired/Written Down
Pipeline outcome
Assets Stalled

Key facts

Related deals — scored

DealYearValueOutcome
Shire plc / Movetis NV (this deal)2010$565M37
Shire plc / Dyax Corp.2016$5.9B89
Shire plc / New River Pharmaceuticals Inc.2007$2.6B88
Shire plc / Jerini AG2008$521M85
Shire plc / NPS Pharmaceuticals2015$5.2B78
Shire plc / Baxalta Inc.2016$32.0B77
Shire plc / ViroPharma Incorporated2013$4.2B58

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →