M&A Deal Summary

Bausch Health Acquires Salix Pharmaceuticals

On February 22, 2015, Bausch Health acquired life science company Salix Pharmaceuticals for 14.5B USD

Acquisition Highlights
  • This is Bausch Health’s 17th transaction in the Life Science sector.
  • This is Bausch Health’s largest (disclosed) transaction.
  • This is Bausch Health’s 16th transaction in the United States.
  • This is Bausch Health’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2015-02-22
Target Salix Pharmaceuticals
Sector Life Science
Buyer(s) Bausch Health
Deal Type Add-on Acquisition
Deal Value 14.5B USD
Advisor(s) Centerview Partners
J.P. Morgan Securities (Financial)
Cadwalader, Wickersham & Taft (Legal)

Target

Salix Pharmaceuticals

Raleigh, North Carolina, United States
website
Salix Pharmaceuticals Ltd. is a developer and marketer of prescription pharmaceutical products and medical devices for the prevention and treatment of gastrointestinal diseases. Salix's strategy is to in-license late-stage or marketed proprietary therapeutic products, complete any required development and regulatory submission of these products, and market them through Salix's gastroenterology specialty sales and marketing team.

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Buyer(S) 1

Buyer

Bausch Health

Laval, Quebec, Canada

website

Category Company
Sector Life Science
Employees19,900
Revenue 8.1B USD (2022)
DESCRIPTION

Bausch Health is a multinational specialty pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of dermatology, neurology, and branded generics. Bausch Health is based in Laval, Quebec.

DEAL STATS #
Overall 28 of 35
Sector (Life Science) 17 of 21
Type (Add-on Acquisition) 20 of 25
State (North Carolina) 1 of 2
Country (United States) 16 of 22
Year (2015) 1 of 6
Size (of disclosed) 1 of 27
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FOLLOWING DEAL
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Mergr

Product

Company

Legal