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Galen acquires Pfizer products

Executive Summary

Galen (women's health, urology, and analgesics) has agreed to acquire Pfizer's oral contraceptives Estrostep and Loestrin and hormone replacement product femhrt for £228.1mm ($359mm) in cash, plus up to £79.4mm ($125mm) more if market exclusivity is sustained for two of those products. If all payments are made, the deal provides Pfizer with 2.3 times the portfolio's 2002 sales.

Deal Industry
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • Marketing (Licensing)
    • Product Purchase

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