M&A Deal Summary

Custopharm Acquires Perrigo Company - Two ANDA Pharmaceutical Products

On January 4, 2017, Custopharm acquired life science company Perrigo Company - Two ANDA Pharmaceutical Products from Perrigo Company

Acquisition Highlights
  • This is Custopharm’s 1st transaction in the Life Science sector.
  • This is Custopharm’s 1st transaction in Ireland.

M&A Deal Summary

Date 2017-01-04
Target Perrigo Company - Two ANDA Pharmaceutical Products
Sector Life Science
Buyer(s) Custopharm
Sellers(s) Perrigo Company
Deal Type Divestiture

Target

Perrigo Company - Two ANDA Pharmaceutical Products

Ireland
errigo Company PLC - Two ANDA Pharmaceutical Products includes full-ownership rights to acetaminophen injection ("acetaminophen") and testosterone undecanoate injection ("testosterone"). Acetaminophen is indicated for the management of mild to moderate pain and reduction of fever in the clinical setting. Testosterone is indicated for testosterone replacement therapy in adult males.

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Buyer(S) 1

Buyer

Custopharm

Carlsbad, California, United States

Category Company
Founded 2005
Sector Life Science
DESCRIPTION

Custopharm is a generic injectable drug services company. The company specializes in developing a range of generic injectable products, including those with complex formulations. Custopharm also offers regulatory consulting services to help customers with drafting and filing abbreviated new drug applications (ANDAs). Custopharm was formed in 2005 and is based in Carlsbad, California.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Perrigo Company

Dublin, Ireland

Category Company
Founded 1887
Sector Life Science
Employees8,379
Revenue 4.4B USD (2024)
DESCRIPTION
Entrance to a Perrigo facility in Duncan, South Carolina.
Entrance to a Perrigo facility in Duncan, South Carolina.

Perrigo Company is a global healthcare supplier that develops, manufactures and distributes over-the-counter (OTC) and prescription (Rx) pharmaceuticals, nutritional products, and active pharmaceutical ingredients (API), as well as receives royalties from Multiple Sclerosis drug Tysabri®. The company is the world's largest manufacturer of OTC pharmaceutical products for the store brand market and an industry leader in pharmaceutical technologies. Perrigo Company was founded in 1887 and is based in Dublin, Ireland.


DEAL STATS #
Overall 2 of 9
Sector: Life Science M&A 1 of 7
Type: Divestiture M&A Deals 2 of 9
Country: Ireland M&A 2 of 3
Year: 2017 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-17 Geiss Destin & Dunn

Peachtree City, California, United States

Geiss, Destin & Dunn, Inc. is a distributor of over-the-counter healthcare and consumer goods products to the non-chain retail and institutional markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-27 TYSABRI

United States

TYSABRI (natalizumab) is a prescription medicine used to treat adults with relapsing forms of multiple sclerosis (MS) to slow the worsening of symptoms common in people with MS and to decrease the number of flare-ups (relapses). TYSABRI increases the risk of progressive multifocal leukoencephalopathy (PML). When starting and continuing treatment with TYSABRI, it is important to discuss with your doctor whether the expected benefit of TYSABRI is enough to outweigh this risk.

Sell $2.9B