{"title":"Valeant to Lead US Dermatology Market with US$2.6 B Medicis Buyout","authors":"Heather Cartwright","doi":"10.3833/PDR.V2012I9.1803","DOIUrl":null,"url":null,"abstract":"Valeant Pharmaceuticals has agreed to acquire all of the outstanding common stock of the US dermatology company Medicis Pharmaceuticals for US$44 per share in cash. The offer price represents a 39% premium to Medicis’ closing price prior to the announcement of the transaction and values Medicis at approximately US$2.6 B. With the acquisition, Valeant will become the leading player in the US dermatology market.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"48 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2012-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Pharmadeals Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3833/PDR.V2012I9.1803","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Valeant Pharmaceuticals has agreed to acquire all of the outstanding common stock of the US dermatology company Medicis Pharmaceuticals for US$44 per share in cash. The offer price represents a 39% premium to Medicis’ closing price prior to the announcement of the transaction and values Medicis at approximately US$2.6 B. With the acquisition, Valeant will become the leading player in the US dermatology market.
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