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JOHANNESBURG (Reuters) -Aspen Pharmacare is expanding further into China through a deal to buy the Chinese business of Swiss group Sandoz for up to 92.6 million euros ($100.6 million), the South African company said on Monday. As part of the deal, Aspen Global Incorporated, a subsidiary of Aspen, will also buy the selling and intellectual property rights of a portfolio of established products that include Sandostatin, Aclasta and Voriconazole. The rights will also cover a pipeline of products to
Transaction details
Aspen is pleased to announce that Aspen Global Incorporated (‘AGI’), its wholly owned subsidiary
incorporated in Mauritius, has, on 3 December 2023, concluded two interdependent agreements (‘the
Transactions’) in terms of which it will:
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Reuters Health News Summary | Science-Environment devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.