On the Record · Allergan
Allergan acquisitions, on the record
The businesses Allergan bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Warner Chilcott plcWord for word“Following the consummation of the Warner Chilcott acquisition on October 1, 2013 (the “Warner Chilcott Acquisition”), Allergan Finance, LLC and Warner Chilcott became wholly-owned subsidiaries of Allergan plc.” 10-K for 2017 | acquisition | October 1, 2013 | — |
Respiratory BusinessWord for word“On March 2, 2015, the Company sold the Respiratory Business to AstraZeneca for consideration of $600.0 million upon closing, additional funds to be received for the sale of certain of our inventory to AstraZeneca and low single-digit royalties above a certain revenue threshold.” 10-K for 2017 | divestiture | March 2, 2015 | $600.0 million |
Kythera Biopharmaceuticals, Inc.Word for word“On October 1, 2015, the Company acquired Kythera Biopharmaceuticals, Inc. (“Kythera”), for $75.00 per share, or an acquisition accounting purchase price of $2,089.5 million (the “Kythera Acquisition”), for the discovery, development and commercialization of novel prescription aesthetic products.” 10-K for 2017 | acquisition | October 1, 2015 | $2,089.5 million |
Vitae Pharmaceuticals, Inc.Word for word“On October 25, 2016, the Company acquired Vitae Pharmaceuticals, Inc. (“Vitae”), a clinical-stage biotechnology company, for an acquisition accounting purchase price of $621.4 million (the “Vitae Acquisition”).” 10-K for 2017 | acquisition | October 25, 2016 | $621.4 million |
Anda Distribution businessWord for word“On October 3, 2016, the Company completed the divestiture of the Anda Distribution business to Teva for $500.0 million.” 10-K for 2017 | divestiture | October 3, 2016 | $500.0 million |
LifeCell CorporationWord for word“On February 1, 2017, the Company acquired the LifeCell Corporation (“LifeCell”), a regenerative medicine company, for an acquisition accounting price of $2,883.1 million (the “LifeCell Acquisition”).” 10-K for 2017 | acquisition | February 1, 2017 | $2,883.1 million |
Zeltiq Aesthetics, Inc.Word for word“On April 28, 2017, the Company acquired Zeltiq Aesthetics, Inc. (“Zeltiq”) for an acquisition accounting purchase price of $2,405.4 million (the “Zeltiq Acquisition”).” 10-K for 2017 | acquisition | April 28, 2017 | $2,405.4 million |
Keller Medical, Inc.Word for word“On June 23, 2017, the Company acquired Keller Medical, Inc. (“Keller”), a privately held medical device company and developer of the Keller Funnel ® (the “Keller Acquisition”).” 10-K for 2017 | acquisition | June 23, 2017 | — |
global generics business and certain other assets to Teva Pharmaceutical Industries Ltd.Word for word“In August 2016 we completed the divestiture of our global generics business and certain other assets to Teva Pharmaceutical Industries Ltd. (“Teva”) (the “Teva Transaction”) for $33.3 billion in cash, net of cash acquired by Teva, which included estimated working capital and other contractual adjustments, and 100.3 million unregistered Teva ordinary shares (or American Depository Shares with respect thereto).” 10-K for 2018 | divestiture | In August 2016 | $33.3 billion in cash, net of cash acquired by Teva |
Anda Distribution business to TevaWord for word“In October 2016, the Company completed the divestiture of the Anda Distribution business to Teva for $500.0 million.” 10-K for 2018 | divestiture | In October 2016 | $500.0 million |
Bonti, Inc.Word for word“On October 24, 2018, the Company acquired Bonti, Inc. (“Bonti”), a privately held clinical-stage biotechnology company focused on the development and commercialization of novel, fast-acting neurotoxin programs for aesthetic and therapeutic applications, for $195.0 million upfront plus contingent consideration of up to $90.0 million which may be recorded if the corresponding events become probable .” 10-K for 2018 | acquisition | On October 24, 2018 | $195.0 million upfront plus contingent consideration of up to $90.0 million |
Elastagen Pty LtdWord for word“On April 6, 2018, the Company completed the acquisition of Elastagen Pty Ltd, a clinical stage medical company developing medical and cosmetic treatments including recombinant human tropoelastin, the precursor of elastin, which will be combined with Allergan's existing fillers product lines.” 10-K for 2018 | acquisition | On April 6, 2018 | — |
Repros Therapeutics, Inc.Word for word“Repros Therapeutics, Inc. On January 31, 2018, the Company completed the acquisition of Repros Therapeutics, Inc., which was accounted for as an asset acquisition as the purchase primarily related to one asset.” 10-K for 2018 | acquisition | On January 31, 2018 | — |
Anti-Infectives businessWord for word“As of December 31, 2018, Allergan concluded that its Anti-Infectives business met the criteria for held for sale based on management’s intent and ability to divest the business within the next twelve months.” 10-K for 2018 | agreed divestiture | As of December 31, 2018 | — |
Rhofade® to Aclaris Therapeutics, Inc.Word for word“On November 30, 2018, the Company divested Rhofade ® to Aclaris Therapeutics, Inc.” 10-K for 2018 | divestiture | On November 30, 2018 | — |
Tobira Therapeutics, Inc.Word for word“On November 1, 2016, the Company acquired Tobira Therapeutics, Inc. (“Tobira”), a clinical-stage biopharmaceutical company focused on developing and commercializing therapies for non-alcoholic steatohepatitis (“NASH”) and other liver diseases for an acquisition accounting purchase price of $570.1 million, plus contingent consideration of up to $49.84 per share in contingent value rights (“CVR”), or up to $1,101.3 million, that may be payable based on the successful completion of certain development, regulatory and commercial milestones (the “Tobira Acquisition”), of which $303.1 million was paid in the year ended December 31, 2017 for the initiation of Phase III clinical trials.” 10-K for 2018 | acquisition | On November 1, 2016 | $570.1 million |
ForSight VISION5, Inc.Word for word“On September 23, 2016, the Company acquired ForSight VISION5, Inc. (“ForSight”), a privately held, clinical-stage biotechnology company focused on eye care, in an all cash transaction of approximately $95.0 million (the “ForSight Acquisition”).” 10-K for 2018 | acquisition | On September 23, 2016 | approximately $95.0 million |
Zenpep and ViokaceWord for word“On January 27, 2020, in connection with the AbbVie Transaction, Allergan announced that it entered into a definitive agreement to divest Zenpep® and Viokace®.” 10-K for 2019 | agreed divestiture | January 27, 2020 | — |
brazikumabWord for word“On January 27, 2020, in connection with the AbbVie Transaction, Allergan announced that it entered into a definitive agreement to divest brazikumab.” 10-K for 2019 | agreed divestiture | January 27, 2020 | — |
Envy Medical, Inc.Word for word“On March 26, 2019, the Company acquired Envy Medical, Inc. (“Envy”), a privately held medical aesthetics company that specializes in non-surgical, non-invasive skin resurfacing systems for an acquisition accounting purchase price of $81.4 million, which includes $67.4 million of product rights and other intangibles, $34.1 million of goodwill and other assets and liabilities.” 10-K for 2019 | acquisition | March 26, 2019 | $81.4 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $1.2 billion | $33.8 billion | $198.7 million |
| 2017-12-31 | $5.29 billion | — | $2.7 billion |
| 2019-12-31 | $80.6 million | — | $34.1 million |
Deal filings since 2016
- 2020-05-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-06-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-07-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Allergan’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.