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ANI Pharma acquires Atacand, Atacand HCT, Arimidex and Casodex US rights from AstraZeneca.

Read time: 1 mins
Last updated:5th Jan 2018
Published:5th Jan 2018
Source: Pharmawand
ANI Pharmaceuticals, Inc. announced that it has acquired the NDAs and U.S. rights to market Atacand, Atacand HCT, Arimidex, and Casodex from AstraZeneca for $46.5 million in cash, royalties, and sales-based milestones. AstraZeneca will continue to market and supply Atacand, Atacand HCT, Arimidex, and Casodex outside of the U.S. The acquired assets include the NDAs for all four products and a license to their trademarks. The acquisitions were funded through a combination of cash and debt. Collectively, these products generated approximately $19 million in U.S. market sales during the trailing twelve months through October 2017, according to IMS Health.

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