Since Our Last Issue
ANI Pharmaceuticals has signed definitive agreements to acquire a portfolio of generic products and other assets from Amneal Pharmaceuticals and Impax Laboratories. The transaction is the result of a divestiture process mandated by the Federal Trade Commission in connection with Amneal Pharmaceutical’s proposed business combination with Impax Laboratories. The parties expect to close the transaction in early May.
Otsuka Pharmaceutical Co. has agreed to acqure Neurovance, a privately held, venture-funded, clinical stage pharmaceutical company focused on attention-deficit hyperactivity disorder and related disorders.
United Therapeutics Corp. and SteadyMed have signed a definitive merger agreement under which United Therapeutics will acquire SteadyMed for $216 million. SteadyMed is a specialty pharmaceutical company focused on the development and commercialization of drug product candidates to treat orphan and high-value diseases with unmet parenteral delivery needs. SteadyMed's product portfolio includes Trevyent, a drug-device combination product that combines SteadyMed's two day, single use, disposable PatchPump technology with treprostinil, a vasodilatory prostacyclin analog, for the subcutaneous treatment of pulmonary arterial hypertension.