News Formal

Aspen grows Latin American assets with R5bn Viagra deal | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

SA's biggest pharmaceutical group, Aspen Pharmacare, is deepening its footprint in Latin America with the $280 million (R5 billion) acquisition of a portfolio of specialist drugs, including Viagra. | News24_Business

Among other key products in the portfolio are cholesterol-lowering medicine Lipitor, anti-epileptic drug Lyrica, antidepressant Zoloft, hypertension medicine Norvasc and Celebrex, an anti-inflammatory medication. These are being acquired from Nasdaq-listed drug maker Viatris, with Aspen paying $150 million in cash for the portfolio and settling the balance through an extension of supply terms to Viatris.

"Due to the way the products have been integrated into Viatris' business, it is not possible to accurately determine or estimate the profit attributable to the products within Viatris," the group said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Aspen seeks to lift Latin American business in R5bn deal with ViatrisThe drugmaker secured the commercialisation rights and related intellectual property for products such as Viagra and Lipitor
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Into Africa – the insurance industry is burgeoningApio Group has formally rebranded to Olea South Africa after becoming part of Olea Group of companies in 2021.
La source: BusinessTechSA - 🏆 24. / 61 Lire la suite »