Lundbeck does not intend to make an offer for Avadel
After a comprehensive assessment of the latest process dynamics, Lundbeck has concluded that increasing the purchase price set out in its non-binding proposal announced on November 14 would not meet its strategic or financial criteria for value creation.
Lundbeck’s disciplined approach requires that any acquisition delivers a compelling benefit, and the evolving parameters of this opportunity no longer supported that threshold, it states.
Strategic rationale for engaging in the sleep disorders space
While Lundbeck is discontinuing this specific process, the strategic rationale for engaging in the sleep disorders space remains fully intact, it states.
Published: December 3, 2025
