Pharma BD Deal Intelligence

Valeant Pharmaceuticals International, Inc. / PreCision Dermatology, Inc.

2014 · Acquisition/Merger · $475M · Complete

CALLED IT — OFF BY 17
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The coverage arc

Feb 03, 2014 Fierce Pharma (Tracy Staton) Neutral

"Valeant Pharmaceuticals has snapped up another dermatology specialist in its ongoing quest to build its business in the field" — factual framing within…

Feb 05, 2014 Healio Dermatology Neutral

Trade coverage relaying the company framing that the deal would 'solidify our position as a leader in dermatology,' presented as a strategic portfolio…

Jul 08, 2014 US Federal Trade Commission Bearish

The FTC required Valeant and PreCision to sell or relinquish rights to PreCision's branded single-agent topical tretinoins and generic Retin-A to settle…

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

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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

Key facts

Related deals — scored

DealYearValueOutcome
Valeant Pharmaceuticals International, Inc. / PreCision Dermatology, Inc. (this deal)2014$475M23
Valeant Pharmaceuticals International, Inc. / Dow Pharmaceutical Sciences, Inc.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

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