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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Sep. 19, 3:52 PM

Slide #3. Horizon Pharma Vidara Therapeutics International plc

Acquirer: Horizon Pharma (NASDAQ:HZNP)
Acquiree: Vidara Therapeutics International plc
Details: Horizon Pharma (NASDAQ: HZNP) announced today it has completed the acquisition of Vidara Therapeutics International plc. In connection with the acquisition, Horizon and Vidara have combined with the resulting parent company incorporated in Ireland and named Horizon Pharma Public Limited Company, or plc. The acquisition further accelerates Horizon's transformation into a profitable specialty biopharmaceutical company and provides a strong operating and financial platform for future growth. The Company has over 500 employees globally, including a U.S. commercial organization focused on primary care, specialty and rare diseases. In addition to its headquarters in Dublin, Ireland, the Company also has offices in Deerfield, Illinois; Roswell, Georgia; Reinach, Switzerland and Mannheim, Germany.

Horizon Pharma is a holding company. Through its subsidiaries, Co. is commercializing DUEXIS, VIMOVO and RAYOS/LODOTRA, each of which targets therapeutic needs in arthritis, pain and inflammatory diseases. Co. developed DUEXIS and RAYOS/LODOTRA. DUEXIS is a single tablet formulation containing a fixed-dose combination of ibuprofen and famotidine in a single pill. Co.'s second approved product in the U.S., RAYOS, known as LODOTRA outside the U.S., is a delayed-release formulation of low-dose prednisone for the treatment of moderate to severe, active rheumatoid arthritis in adults, particularly when accompanied by morning stiffness. Co. acquired the U.S. rights to VIMOVO from AstraZeneca AB.

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Company Name:  Horizon Pharma Plc
Website:  www.horizonpharma.com
Sector:  Drugs & Pharmaceuticals
Number of ETFs Holding HZNP:  19
Total Market Value Held by ETFs:  $59.40M
Total Market Capitalization:  $919.00M
% of Market Cap. Held by ETFs:  6.46%
 

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September 19, 2014    3:52 PM Eastern
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