M&A Deal Summary

ViiV Healthcare Acquires Bristol-Myers - HIV R&D portfolio

On February 22, 2016, ViiV Healthcare acquired life science company Bristol-Myers - HIV R&D portfolio from Bristol-Myers Squibb for 350M USD

Acquisition Highlights
  • This is ViiV Healthcare’s 1st transaction in the Life Science sector.
  • This is ViiV Healthcare’s largest (disclosed) transaction.
  • This is ViiV Healthcare’s 1st transaction in the United States.

M&A Deal Summary

Date 2016-02-22
Target Bristol-Myers - HIV R&D portfolio
Sector Life Science
Buyer(s) ViiV Healthcare
Sellers(s) Bristol-Myers Squibb
Deal Type Divestiture
Deal Value 350M USD

Target

Bristol-Myers - HIV R&D portfolio

United States
Bristol-Myers - HIV R&D portfolio is a provider of preclinical and discovery stage HIV research services.

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Buyer(S) 1

Buyer

ViiV Healthcare

Middlesex, United Kingdom

website


Category Company
Sector Life Science
DESCRIPTION

ViiV Healthcare is a global specialist HIV company.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Bristol-Myers Squibb

New York, New York, United States

website


Category Company
Founded 1887
Sector Life Science
Employees32,200
Revenue 46.2B USD (2022)
DESCRIPTION

Bristol-Myers Squibb is a life science company engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products on a global basis. The Company's pharmaceutical products include chemically-synthesized drugs, or small molecules, and an increasing portion of products produced from biological processes. The majority of Bristol-Myers Squibb's revenue comes from products in the following therapeutic classes: cardiovascular; virology, including human immunodeficiency virus (HIV) infection; oncology; neuroscience; immunoscience; and metabolics. Bristol-Myers Squibb was incorporated in 1887 and is based in New York City.


DEAL STATS #
Overall 8 of 13
Sector (Life Science) 2 of 5
Type (Divestiture) 6 of 9
Country (United States) 7 of 8
Year (2016) 1 of 1
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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DATE TARGET DEAL TYPE VALUE
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