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When Hoechst merged with Marion Merrill Dow in 1995, Jefferson Gregory attempted to pry away Altace but at this juncture his bid was turned down.
To help fund its expansion, King went public in June 1998.
Due in large part to the success of Altace, King experienced robust growth since going public in 1998, when at year's end revenues and net income totaled $261.6 million and $79.5 million, respectively.
In 1999 the company purchased the antibiotic Lorabid from Eli Lilly for $91.7 million.
In 2000 King Pharmaceuticals International struck a deal with Tecnofarma, S.A. to distribute the company's estrogen replacement product, Menest, throughout Latin America.
In 2001 the company posted sales of more than $825 million and profits of nearly $218 million.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| PDI | 1987 | $22.0M | 350 | 63 |
| Ascend Therapeutics | 2001 | $4.3M | 125 | - |
| Cornerstone Therapeutics | 2000 | $116.1M | 75 | - |
| Warner Chilcott | 1968 | $105.1M | 3,000 | - |
| Sunovion Pharmaceuticals | 1984 | $600.0M | 2,400 | 13 |
| Meda in the US | 2001 | $80.0M | 149 | - |
| Forest Pharmaceuticals Inc | 1954 | $40.0M | 50 | - |
| Sebela Pharmaceuticals | 2013 | $5.0M | 222 | - |
| Organon | - | $6.4B | 158 | 77 |
| Nestlé Health Science-pamlab | - | $250,000 | 15 | - |
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