37 Acquisitions of Companies in the Pharmaceutical Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Pharmaceutical industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 37 acquisitions that took place in the Pharmaceutical industry.

Arena Pharmaceuticals acquired by Pfizer

Details about the transaction:

Acquisition amount:

$6,700,000

Announcement:

13 December 2021

Details about the company:

Arena Pharmaceuticals is committed to providing treatments for conditions affecting the cardiovascular, neurological system, inflammatory, and metabolic systems.

Headquarter:

San Diego, California, United States

Where to find them:

Industry:

Biotechnology, Health Care, Pharmaceutical

Details about the buyer:

Pfizer is a pharmaceutical and biotechnology firm that promotes preventive and well-being.

Headquarter:

New York, New York, United States

Where to find them:

Ash Stevens acquired by Piramal Enterprises

Details about the transaction:

Acquisition amount:

$53,000,000

Announcement:

16 August 2016

Details about the company:

A full-service pharmaceutical contract manufacturer is Ash Stevens (CMO).

Headquarter:

Riverview, Michigan, United States

Where to find them:

Industry:

Manufacturing, Pharmaceutical

Details about the buyer:

The Piramal Group is a multifaceted corporation with business operations in the pharmaceutical, financial, information technology, and real estate sectors.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

CSA acquired by Epsilon Net

Details about the transaction:

Acquisition amount:

$2,730,000

Announcement:

12 January 2022

Details about the company:

The creation of integrated software solutions for businesses, shops, and pharmacies is CSA's area of expertise.

Headquarter:

Athens, Attiki, Greece

Where to find them:

Industry:

Pharmaceutical, Retail Technology, Software

Details about the buyer:

Epsilon Net is a provider of digital information, business software, and career training.

Headquarter:

Kallithéa, Attiki, Greece

Where to find them:

Chunsheng Pharmaceutical acquired by Kanghui Pharmaceutical

Details about the transaction:

Acquisition amount:

$8,023,619

Announcement:

30 November 2022

Details about the company:

Chunsheng Pharmaceutical is a maker of traditional Chinese medicine decoctions that does research and development.

Headquarter:

Chengdu, Sichuan, China

Where to find them:

Industry:

Health Care, Medical, Pharmaceutical

Details about the buyer:

Pharmaceuticals are produced by Shaanxi Kanghui Pharmaceutical.

Headquarter:

Xianyang, Shaanxi, China

Where to find them:

Dupatri acquired by Elfa Group

Details about the transaction:

Acquisition amount:

$34,700,000

Announcement:

12 January 2021

Details about the company:

In Brazil, Dupatri provides goods and supplies for medical facilities that are of the highest quality and effectiveness.

Headquarter:

Santos, Minas Gerais, Brazil

Where to find them:

Industry:

Health Care, Medical Device, Pharmaceutical

Details about the buyer:

Elfa Group is a company in the healthcare industry that provides hospitals with specialized services.

Headquarter:

João Pessoa, Bahia, Brazil

Where to find them:

Genkyotex acquired by Calliditas Therapeutics

Details about the transaction:

Acquisition amount:

$20,300,000

Announcement:

13 August 2020

Details about the company:

Innovative medications are created by Genkyotex to inhibit the NOX enzymes that create oxygen radicals.

Headquarter:

Geneva, Geneve, Switzerland

Where to find them:

Industry:

Biotechnology, Health Care, Pharmaceutical

Details about the buyer:

A specialized pharmaceutical firm called Calliditas Therapeutics creates drugs for conditions with unmet medical needs.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Pu'an Pharmaceutical acquired by Gansu Longshenrongfa Pharmaceutical Industry

Details about the transaction:

Acquisition amount:

$45,732,563

Announcement:

24 September 2022

Details about the company:

State-owned high-tech company Pu'an Pharmaceutical integrates drug research and development, manufacture, and sales.

Headquarter:

Wuwei, Gansu, China

Where to find them:

Industry:

Biopharma, Biotechnology, Health Care, Medical, Pharmaceutical

Details about the buyer:

A pharmaceutical business is Gansu Longshenrongfa Pharmaceutical Industry.

Headquarter:

Lanzhou, Gansu, China

Where to find them:

GuildLink acquired by MedAdvisor

Details about the transaction:

Acquisition amount:

$6,348,254

Announcement:

26 July 2022

Details about the company:

Healthcare industry software solutions and professional programs are GuildLink's area of expertise.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Consulting, Health Care, Pharmaceutical, Professional Services, Software

Details about the buyer:

Through an app, MedAdvisor links customers with pharmacies to offer a variety of medications.

Headquarter:

Camberwell, Victoria, Australia

Where to find them:

Xiangyu Biotechnology acquired by Hubei Forbon Technology

Details about the transaction:

Acquisition amount:

$13,742,736

Announcement:

13 December 2021

Details about the company:

A technological enterprise called Xiangyu Biotechnology creates and manufactures colorants.

Headquarter:

Hunan, Fujian, China

Where to find them:

Industry:

Biotechnology, Chemical, Chemical Engineering, Food and Beverage, Pharmaceutical

Details about the buyer:

Chinese supplier of agricultural inputs.

Headquarter:

Wuhan, Hubei, China

Where to find them:

CTS acquired by Fortissimo Capital

Details about the transaction:

Acquisition amount:

$46,001,771

Announcement:

28 August 2022

Details about the company:

Health, agricultural, and animal products are the main areas of concentration for CTS, a pharmaceutical and consumer goods corporation.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Biopharma, Health Care, Internet, Manufacturing, Medical, Pharmaceutical

Details about the buyer:

A growth equity fund called Fortissimo Capital helps businesses in the technology sector.

Headquarter:

Rosh Ha'ayin, HaMerkaz, Israel

Where to find them:

Putnam Associates acquired by UDG Healthcare

Details about the transaction:

Acquisition amount:

$88,600,000

Announcement:

21 May 2019

Details about the company:

A consultancy called Putnam Associates works with customers in the biopharmaceutical, diagnostic, and medical device industries.

Headquarter:

Boston, Massachusetts, United States

Where to find them:

Industry:

Consulting, Management Consulting, Medical, Medical Device, Pharmaceutical

Details about the buyer:

One healthcare services provider, UDG Healthcare, offers a range of clinical, business, communication, and packaging services.

Headquarter:

Dublin, Dublin, Ireland

Where to find them:

Qingsong Pharmaceutical acquired by Yabao Pharmaceutical Group

Details about the transaction:

Acquisition amount:

$91,509,920

Announcement:

22 September 2016

Details about the company:

A pharmaceutical firm called Qingsong Pharmaceutical creates pharmaceutical formulations, raw ingredients, and intermediates.

Headquarter:

Xuhui, Shanghai, China

Where to find them:

Industry:

Biopharma, Medical, Pharmaceutical

Details about the buyer:

This business combines medication discovery, manufacture, sales, logistics, and the growing of Chinese herbal medicines.

Headquarter:

Beijing, Beijing, China

Where to find them:

vivoPharm Pty Ltd acquired by Reaction Biology

Details about the transaction:

Acquisition amount:

$5,500,000

Announcement:

3 November 2022

Details about the company:

Preclinical services for the biotechnology and pharmaceutical sectors are provided by vivoPharm Pty Ltd.

Headquarter:

Bundoora, Victoria, Australia

Where to find them:

Industry:

Biotechnology, Health Care, Pharmaceutical

Details about the buyer:

Industry pioneer and inventor Reaction Biology is a leader in test services and protein manufacturing for early-stage drug development.

Headquarter:

Malvern, Pennsylvania, United States

Where to find them:

Yixintang Simile acquired by Yixintang Pharmaceutical Group

Details about the transaction:

Acquisition amount:

$27,160,604

Announcement:

17 May 2022

Details about the company:

A comprehensive pharmaceutical retail chain with both online and offline components is Yixintang Simile.

Headquarter:

Datong, Shanxi, China

Where to find them:

Industry:

Health Care, Medical, Pharmaceutical

Details about the buyer:

Pharmacies are run by Yixintang Pharmaceutical Group.

Headquarter:

Kunming, Yunnan, China

Where to find them:

Zenotech Laboratories acquired by Sun Pharma

Details about the transaction:

Acquisition amount:

$13,331,566

Announcement:

28 July 2017

Details about the company:

Pharmaceutical firm Zenotech Laboratories Ltd is mostly situated in India.

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

Manufacturing, Pharmaceutical

Details about the buyer:

The multinational, integrated, specialized pharmaceutical company Sun Pharma (Reuters: SUN.BO; Bloomberg: SUNP IN; NSE: SUNPHARMA; BSE: 524715) was founded in 1997.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Four 20 Pharma acquired by Curaleaf

Details about the transaction:

Acquisition amount:

$20,110,249

Announcement:

9 August 2022

Details about the company:

With its own product line, Four 20 Pharma is a fully licensed German producer and distributor of medicinal cannabis under EU-GMP and GDP regulations.

Headquarter:

Paderborn, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Pharmaceutical

Details about the buyer:

Vertically integrated manufacturer of medicinal and wellness cannabis, Curaleaf, Inc.

Headquarter:

Wakefield, Massachusetts, United States

Where to find them:

Altan Pharma acquired by Malin Corporation

Details about the transaction:

Acquisition amount:

$38,787,012

Announcement:

11 June 2015

Details about the company:

A specialist pharmaceutical firm called Altan Pharma creates, produces, and sells injectable medications for medical facilities.

Headquarter:

Dún Laoghaire, Dublin, Ireland

Where to find them:

Industry:

Biotechnology, Manufacturing, Pharmaceutical

Details about the buyer:

Dublin serves as the corporate headquarters of Malin Corporation plc, a public limited company with Irish incorporation.

Headquarter:

Dublin, Dublin, Ireland

Where to find them:

Arbor Vita8 acquired by GRENex INC.

Details about the transaction:

Acquisition amount:

$12,500,000

Announcement:

15 December 2022

Details about the company:

Bulk cannabis products are sold by Arbor Vita8, a firm that distributes and processes hemp.

Headquarter:

Phenix City, Alabama, United States

Where to find them:

Industry:

Agriculture, Cannabis, Farming, Pharmaceutical

Details about the buyer:

E-commerce SaaS platform for hemp-related companies.

Headquarter:

Savannah, Georgia, United States

Where to find them:

GeneTx Biotherapeutics acquired by Ultragenyx Pharmaceutical

Details about the transaction:

Acquisition amount:

$75,000,000

Announcement:

18 July 2022

Details about the company:

A biotechnology business called GeneTx Biotherapeutics focuses on creating therapies to treat Angelman syndrome.

Headquarter:

Downers Grove, Illinois, United States

Where to find them:

Industry:

Biotechnology, Life Science, Pharmaceutical, Therapeutics

Details about the buyer:

The development of various treatments for the management of rare and ultra-rare diseases is the primary focus of Ultragenyx Pharmaceutical.

Headquarter:

Novato, California, United States

Where to find them:

Kind Therapeutics USA acquired by MariMed

Details about the transaction:

Acquisition amount:

$20,000,000

Announcement:

5 January 2022

Details about the company:

Kind is dedicated to offering wholesale access to medicinal cannabis that is secure, respectful, and reasonably priced for dispensaries around the state.

Headquarter:

Hagerstown, Maryland, United States

Where to find them:

Industry:

Health Care, Medical, Pharmaceutical, Wellness

Details about the buyer:

MariMed is an industry leader in the design, development, operation.

Headquarter:

Norwood, Massachusetts, United States

Where to find them:

Nora Pharma acquired by Sunshine Biopharma

Details about the transaction:

Acquisition amount:

$21,774,395

Announcement:

20 October 2022

Details about the company:

A pharmaceutical firm called Nora Pharma focuses on producing and distributing generic medications.

Headquarter:

Varennes, Quebec, Canada

Where to find them:

Industry:

Biopharma, Biotechnology, Manufacturing, Medical, Pharmaceutical

Details about the buyer:

Research, development, and commercialization of medications for the treatment of different cancers are the primary goals of Sunshine Biopharma.

Headquarter:

Montréal, Quebec, Canada

Where to find them:

Oaknet Healthcare acquired by Eris Lifesciences

Details about the transaction:

Acquisition amount:

$85,524,290

Announcement:

4 May 2022

Details about the company:

Pharmaceutical firm Oaknet Healthcare specializes on treating non-communicable disorders.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Industry:

Biotechnology, Health Care, Pharmaceutical, Wellness

Details about the buyer:

An Indian pharmaceutical business called Eris Lifesciences specializes on treating chronic and lifestyle disorders.

Headquarter:

Ahmedabad, Gujarat, India

Where to find them:

AGTC acquired by Syncona Partners LLP

Details about the transaction:

Acquisition amount:

$23,500,000

Announcement:

24 October 2022

Details about the company:

AAV-based gene treatments are being tested on humans by AGTC, a biotechnology firm, to treat uncommon disorders.

Headquarter:

Alachua, Florida, United States

Where to find them:

Industry:

Biotechnology, Clinical Trials, Genetics, Health Care, Pharmaceutical

Details about the buyer:

Healthcare organization Syncona Partners LLP is dedicated to funding and fostering the development of world-class life science experts.

Headquarter:

London, England, United Kingdom

Where to find them:

Alta Technology acquired by Dian Diagnostics

Details about the transaction:

Acquisition amount:

$29,731,981

Announcement:

26 December 2022

Details about the company:

Alta Technology is a company that does biological analysis and testing.

Headquarter:

Tianjin, Guangdong, China

Where to find them:

Industry:

Biotechnology, Medical, Pharmaceutical

Details about the buyer:

Located in China, Dian Diagnostics specializes in providing medical diagnosis outsourcing services.

Headquarter:

Hangzhou, Zhejiang, China

Where to find them:

ARTham Therapeutics acquired by Kaken Pharmaceutical

Details about the transaction:

Acquisition amount:

$48,542,261

Announcement:

30 November 2021

Details about the company:

ARTham is here to provide individuals with severe diseases with the medications they need.

Headquarter:

Yokohama, Kanagawa, Japan

Where to find them:

Industry:

Biotechnology, Health Care, Pharmaceutical, Therapeutics

Details about the buyer:

Kaken Pharmaceutical is a specialist pharmaceutical business that creates and sells cutting-edge medications and medical equipment.

Headquarter:

Toshima, Tokyo, Japan

Where to find them:

ReCept Pharmacy acquired by Omnicell

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

2 December 2021

Details about the company:

In the local community, ReCept Pharmacy provides patient care with an emphasis on 340B and Specialty Pharmacy Management.

Headquarter:

Fort Worth, Texas, United States

Where to find them:

Industry:

Communities, Health Care, Medical, Pharmaceutical

Details about the buyer:

Hospitals and the healthcare industry are served by Omnicell, Inc. (NASDAQ: OMCL), a prominent provider of automated and corporate information solutions.

Headquarter:

Mountain View, California, United States

Where to find them:

Distributed Bio acquired by Charles River Laboratories International

Details about the transaction:

Acquisition amount:

$83,000,000

Announcement:

31 December 2020

Details about the company:

Distributed Bio is a provider of computational tools, antibody libraries, and other immuno-engineering services.

Headquarter:

South San Francisco, California, United States

Where to find them:

Industry:

Bioinformatics, Biotechnology, Cloud Computing, Health Care, Pharmaceutical

Details about the buyer:

For the expedited R&D of pharmaceuticals, Charles River Laboratories International offers research models and outsourced preclinical services.

Headquarter:

Wilmington, Massachusetts, United States

Where to find them:

Eden Biologics acquired by Bora Pharmaceuticals

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

15 September 2022

Details about the company:

A biopharmaceutical business called Eden Biologics creates biosimilars and quickens the development processes for partners and customers.

Headquarter:

Hsinchu, T'ai-wan, Taiwan

Where to find them:

Industry:

Biopharma, Biotechnology, Health Care, Health Diagnostics, Medical, Pharmaceutical

Details about the buyer:

One of the top pharmaceutical firms in Taiwan is called Bora Pharmaceutical.

Headquarter:

Taipei, T'ai-pei, Taiwan

Where to find them:

H&P Search & Interim AB acquired by Dedicare AB

Details about the transaction:

Acquisition amount:

$2,871,361

Announcement:

15 March 2022

Details about the company:

A provider to the Nordic market, H&P Search & Interim specializes in finding and employing consultants for the life science industry.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Industry:

Biotechnology, Pharmaceutical, Recruiting, Staffing Agency

Details about the buyer:

The top Nordic staffing and hiring company for healthcare and social work is Dedicare AB.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Kahuvet acquired by Vimian Group

Details about the transaction:

Acquisition amount:

$13,837,016

Announcement:

3 February 2022

Details about the company:

Veterinary surgical items such orthopedic implants, equipment, and medications are provided by Kahuvet.

Headquarter:

Manukau, Auckland, New Zealand

Where to find them:

Industry:

Manufacturing, Medical, Pharmaceutical, Veterinary

Details about the buyer:

A diverse, international network of businesses focused on innovation makes up Vimian.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Letco acquired by Fagron SA

Details about the transaction:

Acquisition amount:

$34,000,000

Announcement:

2 February 2022

Details about the company:

Chemicals, equipment, and supplies for compounding are provided to compounding pharmacists by the pharmaceutical business Letco Medical.

Headquarter:

Decatur, Alabama, United States

Where to find them:

Industry:

Biotechnology, Health Care, Medical, Pharmaceutical

Details about the buyer:

A pharmaceutical corporation called Fagron focuses on providing supplies, equipment, and chemicals.

Headquarter:

Rotterdam, Zuid-Holland, The Netherlands

Where to find them:

LTE Scientific acquired by SDI Group

Details about the transaction:

Acquisition amount:

$5,113,751

Announcement:

29 July 2022

Details about the company:

A provider of autoclaves, steam sterilizers, and thermal equipment for use in laboratories and hospitals is LTE Scientific.

Headquarter:

Preston, Lancashire, United Kingdom

Where to find them:

Industry:

Medical, Pharmaceutical

Details about the buyer:

The SDI Group creates and produces scientific goods for use in a variety of fields, including as the biological sciences, astronomy, and consumer manufacturing.

Headquarter:

Cambridge, Massachusetts, United States

Where to find them:

MedAware Systems acquired by Biomed Industries

Details about the transaction:

Acquisition amount:

$18,000,000

Announcement:

21 September 2022

Details about the company:

A firm that provides analysis of all accessible data on any medical issue is called MedAware Systems.

Headquarter:

Boulder, Colorado, United States

Where to find them:

Industry:

Artificial Intelligence, Big Data, Health Care, Information Technology, Medical, Pharmaceutical

Details about the buyer:

It is a biopharmaceutical firm called Biomed Industries.

Headquarter:

San José, San Jose, Costa Rica

Where to find them:

Pharmaspectra acquired by IQVIA

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

12 August 2022

Details about the company:

The pharmaceutical and biotech industries get medical affairs data from Pharmaspectra, a global source.

Headquarter:

New York, New York, United States

Where to find them:

Industry:

Biotechnology, Pharmaceutical

Details about the buyer:

IQVIA is a global provider of advanced analytics, technology solutions and contract research services to the life sciences industry.

Headquarter:

Danbury, Connecticut, United States

Where to find them:

The GP Service acquired by Kanabo

Details about the transaction:

Acquisition amount:

$19,033,273

Announcement:

21 February 2022

Details about the company:

The GP Service offers online consultations and medications for general medical care.

Headquarter:

Coventry, Coventry, United Kingdom

Where to find them:

Industry:

Internet, Medical, Pharmaceutical

Details about the buyer:

By developing an ecosystem, Kanabo is setting a new benchmark for the medicinal cannabis sector.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Xtal BioStructures acquired by Schrödinger

Details about the transaction:

Acquisition amount:

$6,000,000

Announcement:

18 January 2022

Details about the company:

For clients interested in X-ray crystallography and biophysical characterization, Xtal BioStructures provides protein synthesis and purification.

Headquarter:

Natick, Massachusetts, United States

Where to find them:

Industry:

Biotechnology, Genetics, Pharmaceutical

Details about the buyer:

In addition to establishing a drug development pipeline, Schrödinger provides molecular design tools for pharma/biotech and materials research.

Headquarter:

New York, New York, United States

Where to find them:

Adcock Ingram Healthcare acquired by Samara Capital

Details about the transaction:

Acquisition amount:

$22,000,000

Announcement:

7 April 2016

Details about the company:

Regulatory services are provided by Adcock Ingram Healthcare as a transactional back office support service.

Headquarter:

Banswada, Andhra Pradesh, India

Where to find them:

Industry:

Health Care, Marketing, Pharmaceutical

Details about the buyer:

A private equity company is Samara Capital.

Headquarter:

Mumbai, Maharashtra, India

Where to find them: