Valeant Pharmaceuticals International, Inc. / PreCision Dermatology, Inc.
2014 · Acquisition/Merger · $475M · Complete
Announcement Sentiment
40
Skeptical
Valeant closed its acquisition of privately held PreCision Dermatology for $475M cash, expanding its dermatology franchise (already enlarged by Bausch + Lomb). Notable as one of Valeant's bolt-ons during the Allergan hostile-bid period.
Did it work? Outcome assessment
Strategic verdict
Failed to Achieve
Financial impact
Impaired/Written Down
Pipeline outcome
Assets Stalled
Assessment window: 5yr post-close.
Key facts
AnnouncedJul 08, 2014
ClosedJul 08, 2014
Deal value$475M
Deal typeAcquisition/Merger
Therapeutic areaDermatology
IndicationsDermatology
Key assetsLocoid Lipocream, Aldoxorubicin (now sold separately), dermatology portfolio