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Norgine acquires Theravia for rare disease expansion

PRIVATEAug 14, 202510 months ago

Acquiring Company

Norgine

Acquired Company

Theravia

AmsterdamParisBiotechnologyBiotechnologyHealth CareMedicalPharmaceutical

Description

Norgine has successfully completed the acquisition of Theravia, enhancing its portfolio in rare disease medicines. This strategic move will help Norgine deliver life-changing therapies to patients in high unmet medical needs. The integration process will align both companies' operations and expertise. Theravia will now operate as a wholly owned subsidiary of Norgine.

Company Information

Company

Norgine

Location

Amsterdam, North Holland, Netherlands

About

Norgine is a European specialty pharmaceutical company that has strived to deliver innovative medicines to patients for over a century. The Company's extensive European experience, fully integrated infrastructure, and exceptional partnership approach allow it to quickly apply creative solutions to bring patients life-changing medicines that they may not otherwise be able to access. Norgine is proud to have helped 24 million patients around the world in 2021 and generated €505 million in net product sales, representing growth of 10% over 2020. Norgine has a direct presence in 16 European countries, as well as Australia and New Zealand, and employs over 1,500 people. Norgine and the sail logo are trademarks of the Norgine group of companies.

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ML-powered predictions for Norgine's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed