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Aspen takes an option to acquire 11 drugs from Merck for $600mm
14 Jan 2016
Executive Summary
South African pharmaceuticals company Aspen Pharmacare Holdings Ltd. is continuing on a 14-month long spending spree by taking an option to acquire 11 branded finished dosage form molecules from Merck Sharp & Dohme Ltd., the ex-US division of Merck & Co. Inc. The companies expect that Aspen will exercise the options by the end of 2013, at which point it would pay Merck $600mm.
Deal Industry
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Alliance
- Product Purchase
- Reverse Licensing
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