Pharma BD Deal Intelligence

Valeant Pharmaceuticals International, Inc. / Dow Pharmaceutical Sciences, Inc.

2009 · Acquisition/Merger · $285M · Complete

WRONG BY 34 POINTS

Dow Pharma gave Valeant/Bausch a durable, if far-from-blockbuster, dermatology franchise anchored by Jublia — a real return on a small deal, just nowhere near the $300-800M peak-sales projection.

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The coverage arc

Dec 10, 2008 FierceBiotech Bullish

Valeant to acquire Dow Pharmaceutical Sciences for $285M, adding Acanya (newly FDA-approved acne combination) and a robust dermatology pipeline to bolster its…

Dec 11, 2008 The Press Democrat Bullish

Pearson described the deal as growing Valeant's scale and capabilities in dermatology, noting Dow's team had supported ten FDA dermatology approvals across…

Jan 02, 2009 BioSpace Bullish

Valeant Pharmaceuticals International completes acquisition of Dow Pharmaceutical Sciences, effective December 31, 2008, strengthening its U.S. dermatology…

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

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Valeant Pharmaceuticals acquired Dow Pharmaceutical Sciences, a dermatology specialty firm, for ~$285M to strengthen its US dermatology franchise. Remove the 'Source:' clause and erroneous Mylan reference.

Did it work? Outcome assessment

Dow Pharma gave Valeant/Bausch a durable, if far-from-blockbuster, dermatology franchise anchored by Jublia — a real return on a small deal, just nowhere near the $300-800M peak-sales projection.

Strategic verdict
Partially Achieved

Key facts

Related deals — scored

DealYearValueOutcome
Valeant Pharmaceuticals International, Inc. / Dow Pharmaceutical Sciences, Inc. (this deal)2009$285M66
Valeant Pharmaceuticals International, Inc. / iNova Pharmaceuticals2011$700M63
Valeant Pharmaceuticals International, Inc. / Xcel Pharmaceuticals, Inc.2005$280M42
Valeant Pharmaceuticals International, Inc. / Dermik Laboratories (Sanofi dermatology unit)2011$425M36
Valeant Pharmaceuticals International, Inc. / Bausch + Lomb2013$8.7B36
Valeant Pharmaceuticals International, Inc. / Medicis Pharmaceutical Corporation2012$2.6B33
Valeant Pharmaceuticals International, Inc. / PreCision Dermatology, Inc.2014$475M23

Compare all 7 side-by-side →

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