Pharma BD Deal Intelligence

Watson Pharmaceuticals (Actavis Inc.) / Specifar Pharmaceuticals S.A.

2011 · Acquisition/Merger · $562M · Complete

WRONG BY 35 POINTS
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The coverage arc

May 25, 2011 GEN News Bullish

GEN highlighted Specifar's generic Nexium as the marquee asset, with up to €40M in contingent payments over five years post-launch tied to esomeprazole…

May 25, 2011 Watson Pharmaceuticals Form 8-K (EX-99.1) Bullish

Watson's 8-K exhibit characterizes the Specifar acquisition as strengthening its global generic product development and European commercial platform, with…

May 26, 2011 Manufacturing Chemist Neutral

Trade outlet reports Watson's acquisition of Specifar, summarizing the cash-plus-contingent-consideration structure and Specifar's third-party product…

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

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Watson acquired Greek branded-generics developer Specifar for €400M (~$562M) cash plus contingent consideration of up to €40M (~$56M) tied to esomeprazole profits. Closed May 25, 2011. Strengthened Watson's European generics platform.

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Key facts

Related deals — scored

DealYearValueOutcome
Watson Pharmaceuticals (Actavis Inc.) / Specifar Pharmaceuticals S.A. (this deal)2011$562M44
Watson Pharmaceuticals (Actavis Inc.) / Actavis plc2012$5.9B97
Watson Pharmaceuticals (Actavis Inc.) / Arrow Group2009$1.8B85
Watson Pharmaceuticals (Actavis Inc.) / Amarin Development AB (Amarin Corp subsidiary)2003$150M70
Watson Pharmaceuticals (Actavis Inc.) / Andrx Corporation2006$1.9B65
Watson Pharmaceuticals (Actavis Inc.) / Schein Pharmaceutical Inc.2000$674M65
Watson Pharmaceuticals (Actavis Inc.) / Eden Biodesign Limited2010$15M63

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