Pharma BD Deal Intelligence

Teva Pharmaceutical Industries Ltd. / Honeywell Pharmaceutical Fine Chemicals S.r.l

2002 · Acquisition/Merger · Complete

WRONG BY 25 POINTS

A small $73M bolt-on that built Teva's API arm — an arm Teva has spent two years failing to sell off as non-core

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The coverage arc

Jun 25, 2002 Teva Pharmaceutical IR Bullish

Teva closed acquisition of Honeywell Pharmaceutical Fine Chemicals S.r.l., an Italian subsidiary of Honeywell International Inc. and producer of active…

Dec 14, 2017 PharmaPhorum Bearish

Teva announced a massive restructuring with 14,000 jobs to be cut, representing 25% of employees, intended to cut $3 billion from an annual cost base of…

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

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Closed during 2002. API manufacturer in Italy, renamed Teva PFC. Tier 1 (Teva IR) verified.

Did it work? Outcome assessment

A small $73M bolt-on that built Teva's API arm — an arm Teva has spent two years failing to sell off as non-core

Strategic verdict
Failed to Achieve

Key facts

Related deals — scored

DealYearValueOutcome
Teva Pharmaceutical Industries Ltd. / Honeywell Pharmaceutical Fine Chemicals S.r.l (this deal)200238
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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