M&A Deal Summary

Viatris Acquires The Upjohn Company

On July 29, 2019, Viatris acquired life science company The Upjohn Company from Pfizer

Acquisition Highlights
  • This is Viatris’ 9th transaction in the Life Science sector.
  • This is Viatris’ 6th transaction in the United States.
  • This is Viatris’ 1st transaction in Michigan.

M&A Deal Summary

Date 2019-07-29
Target The Upjohn Company
Sector Life Science
Buyer(s) Viatris
Sellers(s) Pfizer
Deal Type Merger

Target

The Upjohn Company

Kalamazoo, Michigan, United States
Upjohn seeks to leverage our portfolio, global experience and expertise to become the trusted partner of choice for all stakeholders committed to improving patient health. Upjohn focuses on relieving the burden of non-communicable diseases with trusted, quality medicines for every patient, everywhere. Upjohn brings together 20 of the industry's most trusted brands — products such as Lipitor, Norvasc, Lyrica and Viagra — with world-class medical, manufacturing and commercial expertise in more than 120 countries.

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Buyer(S) 1

Buyer

Viatris

Canonsburg, Pennsylvania, United States

Category Company
Founded 1961
Sector Life Science
Employees33,000
Revenue 15.4B USD (2023)
DESCRIPTION

Viatris is a generic and specialty pharmaceutical company. Viatris offers the industry's broadest and highest quality product portfolios, a robust product pipeline, and a global commercial footprint through operations in more than 90 countries. Viatris was founded in 1961 and is based in Canonsburg, Pennsylvania.


DEAL STATS #
Overall 12 of 13
Sector (Life Science) 9 of 10
Type (Merger) 1 of 1
State (Michigan) 1 of 1
Country (United States) 6 of 6
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-09 Cold-EEZE

Doylestown, Pennsylvania, United States

Cold-EEZE is a cold remedy zinc gluconate lozenges are clinically proven to significantly reduce the duration of the common cold.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-08 Aspen Pharmacare Holdings - Thrombosis Business

United Kingdom

Aspen Pharmacare's Thrombosis Business is a global offering comprised largely of a broad range of specialist injectable anticoagulants. Aspen's portfolio also includes Orgaran which is a heparin derivative (heparinoid) indicated for the treatment of HIT. HIT is an adverse reaction occurring in a limited number of patients undergoing heparin related therapy. It offers healthcare providers the advantage of a single supplier that addresses broad clinical needs and thus ensures the optimal care of patients at risk of thrombosis.

Buy €642M

Seller(S) 1

SELLER

Pfizer

New York, New York, United States

Category Company
Founded 1849
Sector Life Science
Employees8,300
Revenue 58.5B USD (2023)
DESCRIPTION
Pfizer office in Lake Forest, Illinois.
Pfizer office in Lake Forest, Illinois.

Pfizer is a global pharmaceutical company that is involved in the discovery, development, manufacture, and marketing of a wide range of healthcare products, including medicines and vaccines. The company's portfolio includes treatments across a broad spectrum of areas such as oncology, cardiology, neurology, and infectious diseases, among others. Pfizer was founded in 1849 and is based in New York, New York.


DEAL STATS #
Overall 14 of 18
Sector (Life Science) 9 of 13
Type (Merger) 2 of 2
State (Michigan) 1 of 1
Country (United States) 10 of 13
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Array BioPharma

Boulder, Colorado, United States

Array BioPharma, Inc. is a biopharmaceutical company focused on the discovery, development, and commercialization of targeted small molecule drugs to treat patients afflicted with cancer. Six Phase 3 studies on Array invented drugs, binimetinib (partnered with Novartis) and selumetinib (partnered with AstraZeneca), are currently enrolling patients with cancer. Array BioPharma, Inc. was formed in 1998 and is headquartered in Boulder, Colorado.

Buy $11.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-13 Pfizer - CK 1 Business

New York, New York, United States

Pfizer, Inc. - CK 1 Business is a novel CNS-penetrant small molecule inhibitor of casein kinase 1 (CK1), for the potential treatment of patients with behavioral and neurological symptoms across various psychiatric and neurological diseases.

Sell $75M