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Abbott, Triangle co-promote antiviral products

Executive Summary

In its attempt to become the leading HIV healthcare company, Abbott Laboratories has entered into a $335mm deal with Triangle Pharmaceuticals, in which the two will co-promote six antiviral drugs--four of Triangle's HIV and hepatitis B (HBV) products, and two of Abbott's HIV protease inhibitors.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Terminated
Deal Type
  • Alliance
    • Co-Promotion
    • Includes Equity
    • Includes Royalty or Profit Split Information
    • Manufacturing or Supply
    • R&D and Marketing (Licensing)
    • Reverse Licensing

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