Warner Chilcott Buys P&G Prescription Drug Business

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Warner Chilcott Buys P&G Prescription Drug Business

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Warner Chilcott (NASDAQ: WCRX), a North Ireland-based specialty drugmaker, today acquired Proctor & Gamble’s prescription drug business for $3.1 bn. The Wall Street Journal reports:

Six banks, led by J.P. Morgan Chase & Co. and Bank of America Corp. and including Credit Suisse Group AG, Citigroup Inc., Barclays PLC and Morgan Stanley, were expected to put up as much as $4 billion in financing for the transaction. Roughly $3 billion will go toward the acquisition, with the remainder refinancing $1 billion in existing Warner Chilcott debt.

This would be the fourth-largest “leveraged loan” of 2009 in the U.S. and the largest globally for an acquisition, according to data provided by Dealogic. The last leveraged loan of this size for a deal in the U.S. was in April 2008, when Mars Inc. announced its planned purchase of Wrigley.

A leveraged loan is typically defined as a loan made to a borrower with a credit rating below investment-grade or that already carries a good amount of debt.

“The acquisition of the P&G pharmaceutical brands and employee talent is a transformational, strategic move for us,” said Roger Boissonneault, president and chief executive officer of Warner Chilcott, in a statement. “The acquisition transforms Warner Chilcott into a global pharmaceutical company, expands our presence in women’s health care, establishes us in the urology market in advance of the anticipated launch of our erectile dysfunction treatments, and adds gastroenterology therapies to our product portfolio.”


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About The Author
Drea Knufken
Drea Knufken
Currently, I create and execute content- and PR strategies for clients, including thought leadership and messaging. I also ghostwrite and produce press releases, white papers, case studies and other collateral.
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  • Brenda Kidd
    May 23, 2010 at 4:35 pm

    Procter & Gamble, Warner Chilcott, Aventis and Norwich Pharmaceuticals should take the drug Actonel off of the market. It almost killed me. Since taking Actonel 35mg I have had two surgeries at two different times on my esophagus. My throat closed up. I could not even swallow my own spit. And on another occasion I was hospitalized for over a week from black tarry bloody diarrhea stools from my rectum. There were times that nothing, but blood came out of my rectum. I had to receive two bags of blood on different occasions. Not to mention severe body pain and a quoted, from a doctor, I had all the ulcers that Actonel causes unquoted. I had and have ongoing muscles and body pain. I read that Actonel can stay in your system for up to 10 or more years. And to think I was sent an $800.00 check for my out of pocket expenses, which was more than $800.00. My out of pocket expenses was $1,054.00, which includes purchasing Actonel on a monthly basic, emergency rooms visits, ambulances rides and doctor visits. Since I couldn’t drive myself at the time, because of what Actonel had done to me, I had to pay out of my pocket for transportation/gas, and food, to people. My insurance company/blue cross at the time paid out $1,515.70, $3,146.30 and $19,567.95 which came to a total of $25,963.00, not including what I paid out of my pocket. I told Mr. Rocco Rotello that I was open to a compensation offer for my pain and suffering. Mr. Rocco Rotello told me that they don’t pay for pain and suffering. That was a lie. After giving me the runner round he final sent the $800.00, which was not agreed on by me. I told him I will go from there after I receive the check. He said that the $800.00 was a jester. After receiving the check, I talked to his boss, Mr. Galen Ruschnan he asked me did I sign anything. I told him no. As of right now I have a rash that comes and goes. Each break out is painful than the one before it. Since then my doctor has taken be off of Actonel. Since then I have gone to different web sites and read what Actonel has done to other people and there are many injuries. This has got to stop. I sent him all my doctor information, a statement as to what happen and the total (proof) of my medical bills that Mr. Rocco Rotello asked for. But they didn’t keep their word. Never once have they checked up on me. I am now a risk factor for cancer of the esophagus. I was a guinea pig for the drug Actonel 35mg/Risedronate that caused me to have very serious life threatening adverse side effects. Everything that Procter & Gamble told me and I told them, are in the letter that needed to be read by the public. There are plenty in the letter that not only concerns my health, but need to be read again I say by the consumers. In September 2009, I wrote Mr. Robert Mc Donald, Mr. Alan Lafly, Mr. Boissonneault/Warner Chilcott, Sanofi-Aventis, and even Mr. Rocco Rotello and others to inform them of this matter. I never heard back from them. But each of the postal return receipts came back signed. Therefore Procter & Gamble leaves me no choice but to put my video on you tube so that it will be known how dangerous of a drug Actonel 35mg is. The video will show a copy of the check, copy of the Procter & Gamble letter that was sent to me and my letter of 29 pages stating in details what happen to me, and the talked about phone conversation that I had with Procter & Gamble Employees. Namely, Mr Rocco Rotello, and Mr. Galen Ruschnan.
    Thank You,
    Brenda Kidd

  • Brenda Kidd
    May 28, 2010 at 5:05 pm

    Procter & Gamble and Brenda Kidd:
    Unlike Pampers, why can’t Procter & Gamble just sit down with Brenda Kidd and talk about her Actonel adverse side effect injuries. This has been going on way to long.

  • Brenda Kidd
    May 18, 2011 at 9:59 pm


    1,4-dioxane is known to the state of California to cause cancer.
    It is also on California’s Proposition 65 list of chemicals known to cause cancer.
    According to the California EPA, 1,4-dioxane is suspected as a kidney toxicant, neurotoxicant and respiratory toxicant.

    Many companies use ethoxylation because it is a cheap shortcut process to provide mildness to harsh cleaning ingredients. The process requires the use of the cancer causing Petrochemical ethylene oxide, which generates 1,4-dioxane as a byproduct of ethoxylation.

    According to the Environmental Working Group, 1,4-dioxane is also a groundwater contaminant.

    Procter and Gamble Tide, Ivory Snow Gentle, Tide Free, Gain 2X Ultra, Cheer Bright Clean Detergent and Era 2X Ultra Conventional Brands had significantly higher levels of contaminant, which is 1,4-dioxane a known cancer causing chemical.

    Below are some of Procter & Gamble Products that contains 1,4-dioxane during a product conducted test.

    Tide had 55 parts per million of 1,4-dioxane in it.
    Ivory Snow Gentle had 31 parts per million of 1,4-dioxane in it.
    Tide Free had 29 parts per million of 1,4-dioxane in it.
    Gain 2X Ultra had 21 part per million of 1,4-dioxane in it.
    Cheer Bright Clean Detergent had 20 parts per million of 1,4-dioxane in it.
    Era 2X Ultra had 14 parts per million of 1,4-dioxane in it.

    However, 1,4-dioxane is not included on Procter and Gamble products ingredient labels, but it is a cancer causing chemical.

    1,4-dioxane is not only in Procter and Gamble Conventional Brands of detergents, 1,4-dioxane is also in 18 of Procter and Gamble Herbal Essences shampoo products too.

    A product test conducted revealed that an Herbal Essences shampoo of Procter and Gamble, contained 1,4-dioxane levels of 24 parts per million. That is 14 parts per million, over the limit, which is 10 parts per million.

    The cancer causing chemical 1,4-dioxane is considered contaminant and is not included on the products ingredient labels.
    The Food and Drug Administration does not require 1,4-dioxane to be listed on labels of personal care products, defining it as a contaminant rather than an ingredient because it is produced during manufacturing.

    Procter and Gamble agreed to reformulate after an Environmental health consumer advocate filed a notice of intent to sue in California, under Proposition 65, the state’s landmark toxics law. Procter and Gamble agreed to reformulate 18 of their Herbal Essences products to reduce levels of 1,4-dioxane to 10 parts per million or below.
    1,4-dioxane is found in personal care products (shampoos, Cosmetics, deodorants, toothpastes and mouthwashes) and household cleaning products.

    If you digested or swallowed toothpaste and mouthwash, can 1,4-dioxane get in your system and cause severe Lung, Esophagus and Stomach Cancer?
    If you cut yourself, while you are shaving on any part of your body, (under the arm) can 1,4-dioxane get into your system and cause Breast Cancer/Cancer?

    1,4-dioxane is known to cause cancer and is considered contaminant and Procter and Gamble knows this, however, (through the years, over the limit amounts of) 1,4-dioxane had been in their products.

    Breast Cancer is breast cancer.
    Lung Cancer is lung cancer.
    Esophagus Cancer is esophagus cancer.
    Stomach Cancer is stomach cancer.

    Cancer is Cancer, why would any group of people, knowing that 1,4-dioxane causes cancer put 1,4-dioxane in their products?
    Cancer is devastating. It can be prolonged or it can be a rapid form of death.

    Procter and Gamble Products that contains 1,4-dioxane are still on the market.

    Procter and Gamble have failed to warn consumers about their personal care and household cleaning products, which contains 1,4-dioxane.
    Procter and Gamble have failed to provide the consumers with warnings about the danger of 1,4-dioxane to one’s health.
    Proctor and Gamble have failed to give instructions to the public on how to prevent deviation from accepted use of their products that contain 1,4-dioxane.

    Is Cancer man made?

    Do Procter and Gamble care about the Consumers?

    Products can be made without 1,4-dioxane.

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