Pharma Deals Review, Vol 2019, No 7 (2019)

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AbbVie Acquires Allergan for US$63 B to Ease Humira Fears

Michelle Liu

Abstract


In the second largest M&A deal of 2019 so far, AbbVie has agreed to acquire Allergan for approximately US$63 B in an effort to ease investor concerns regarding AbbVie’s over-reliance on Humira® (adalimumab). With the deal, AbbVie gains Allergan’s medical aesthetics portfolio, which garnered sales of US$4.3 B in 2018, as well as enhanced portfolio in immunology, neuroscience, women’s health and eye care.

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