Pharma BD Deal Intelligence

Teva Pharmaceutical Industries Ltd. / Bayer Classics (Bayer Pharma S.A. French generics division)

2002 · Acquisition/Merger · $86M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Apr 04, 2002 TheMarker (Israeli financial press) Bullish

Teva paid $86 million (€97 million) for Bayer Classics, which was the third-largest supplier of generics to the French retail market. Half-year sales ending…

Jan 01, 2003 FundingUniverse Company Histories Bullish

Teva purchased the French generics division of Bayer Pharma AG and Honeywell's subsidiary Honeywell Pharmaceutical Fine Chemicals, with production facilities…

Nov 23, 2017 Fortune Bearish

Teva Pharmaceutical Industries plans thousands of layoffs in the U.S. amid debt crisis; the company accrued mountains of debt as a result of the 2016 Actavis…

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July 2002 acquisition of Bayer's French generics arm (3rd largest generic in France); renamed Teva Classics.

Key facts

Related deals — scored

DealYearValueOutcome
Teva Pharmaceutical Industries Ltd. / Bayer Classics (Bayer Pharma S.A. French generics division) (this deal)2002$86M
Teva Pharmaceutical Industries Ltd. / Auspex Pharmaceuticals2015$3.5B86
Teva Pharmaceutical Industries Ltd. / Biogal Pharmaceutical199582
Teva Pharmaceutical Industries Ltd. / Sicor Inc.2003$3.4B68
Teva Pharmaceutical Industries Ltd. / Ivax Corporation2006$7.4B63
Teva Pharmaceutical Industries Ltd. / Novopharm Limited2000$600M62
Teva Pharmaceutical Industries Ltd. / Ivax Corporation2005$7.4B62

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