Mergers and acquisitions

Shire has grown significantly through acquiring businesses that fit our overall strategy. This can present commercial, environmental or social challenges. Managing this process effectively is a core competence of Shire’s and will always be important, as we continue to expand our business through strategic alliances, acquisitions, and in-licensing. It’s all about behaving responsibly, understanding and mitigating against potential risks and protecting and building on our unique culture.

We always work hard to integrate new teams into the Shire organization in a way that makes them feel valued and ensures that they understand our way of working, our expected standards of behavior and our approach to Responsibility. We make a point of communicating with the people in the company we’re acquiring as openly as possible, so they understand their own prospects and their future career opportunities.

As part of our ongoing commitment to conducting mergers and acquisitions in a responsible manner, we will continue to ensure that our due diligence process benchmarks our most up-to-date Responsibility policies and practices, and continue to monitor and update our processes wherever appropriate, and assess the effectiveness of the way we manage mergers and acquisitions.

 

Reflecting on 2011

  • During 2011 we acquired and successfully integrated Advanced BioHealing, Inc., our new Regenerative Medicine (RM) business. We are investing in this business to enable it to expand and grow and continue to deliver value to patients with diabetic foot ulcers. This acquisition brought approximately 400 U.S.-based employees to Shire who are in the process of transitioning to Shire’s systems and processes.

    Did you know...?

    We were founded in the UK in 1986 and have built our business through a number of strategic
    acquisitions and
    licensing transactions.