Tech Company M&A Transactions
Brookwood Pharmaceuticals Acquisition
Headquartered in Birmingham, Brookwood Pharmaceuticals was purchased by SurModics. The transaction price was $62 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/1/2007
Transaction Type
M&A
Amount
$62,000,000
M&A Terms
The acquisition was for $40 million in cash at closing and up to an additional $22 million in cash upon the successful achievement of specified milestones.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
756 Tom Martin Dr.
Birmingham, AL 35211
USA
Birmingham, AL 35211
USA
Phone
Email Address
Not Recorded
Overview
Brookwood Pharmaceuticals' scientific team has industry-leading experience in a wide-range of drug delivery systems- with particular depth in long-acting parenterals- and is internationally recognized for its contributions to the drug-delivery field since the pioneering days of controlled release in the 1970s.
Management Team
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