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Shire Pharmaceutical buys Pharmavene for $90.5mm

Executive Summary

UK bone and CNS pharmaceutical company Shire Pharmaceuticals bought US drug delivery company Pharmavene, (which will become Shire Laboratories) in an earnout. Shire Pharma will initially pay $90.5mm (UK55.5mm)--$25mm in cash and the rest in stock.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
    • Drug Delivery
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Earnout
    • Payment Includes Cash
    • Payment Includes Stock

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