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Cipla unit gets notice from US firm for termination of acquisition deal - Jammu Kashmir Latest News | Tourism

NEW DELHI, Nov 3: Drug major Cipla on Wednesday said its subsidiary InvaGen Pharmaceuticals has received a notice from US-based Avenue Therapeutics for termination of the acquisition deal they inked in 2018. In November 2018, Cipla had announced that InvaGen Pharmaceuticals Inc has entered into definitive agreements to acquire US-based speciality business firm Avenue Therapeutics for up to USD 215 million (around Rs 1,560 crore). Cipla at that time had stated that it intends to acquire Avenue Therapeutics, a Fortress […]

Appellate Ruling Puts Pappas v Tzolis to the Test | Farrell Fritz, P C

Premature Ejaculation Treatment Market to grow by USD 1 29 Billion and Record a CAGR of over 10%

Share this article NEW YORK, April 14, 2021 /PRNewswire/ The premature ejaculation treatment market is set to grow by USD 1.29 billion, progressing at a CAGR of over 10% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio has announced its latest market research report titled Premature Ejaculation Treatment Market by Route of Administration, Drug Class, and Geography - Forecast and Analysis 2021-2025 The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Absorption Pharmaceuticals LLC, Alembic Pharmaceuticals Inc., Amneal Pharmaceuticals Inc., Bayer AG, Eli Lilly and Co., InvaGen Pharmaceuticals Inc., Pfizer Inc., Sandoz AG, Solco Healthcare, and Teva Pharmaceutical Industries Ltd. are some of the major market participants. The high efficacy of off-label drugs will offer immense growth opportunities. To lever

Fortress Biotech Reports Record 2020 Financial Results and Recent Corporate Highlights

Our six dermatology products are marketed by our partner company, Journey Medical Corporation (“Journey”). Our products generated net revenues of $44.5 million for full-year 2020, compared to full-year 2019 net revenues of $34.9 million, representing growth of 28%. Our products generated $13.7 million in revenues in the fourth quarter of 2020, compared to $11.1 million in the fourth quarter of 2019, representing growth of 23%. While we generated revenue growth year-over-year in 2020, sales of our products were impacted by the COVID-19 pandemic, which caused a temporary supply shortage and impacted the ability of our sales force to make in person calls, due to states slowly re-opening. We in-licensed and recently launched our sixth prescription dermatology product.

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