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AHP's Wyeth-Ayerst in co-promotion with King

Executive Summary

AHP's Wyeth-Ayerst Laboratories unit licensed co-promotion rights in the US and Puerto Rico to King Pharmaceuticals' (acquires or develops branded pharmaceuticals and sells them) cardiovascular and hypertension drug Altace (ramipril) for an eight-year term (automatically extendible if King gets additional patents or exclusivity on the drug). In return, AHP is turning over US and Puerto Rican rights to its oral contraceptive Nordette (levonorgestrel, ethinyl oestradiol) and two other undisclosed products for $200mm (of which AHP loaned King $25mm).
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Specialty Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • Marketing-Licensing
    • Product or Technology Swap
    • Includes Equity
    • Product Purchase
    • Includes Royalty or Profit Split Information
    • Co-Promotion
    • Includes Contract

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