AstraZeneca strikes $700m deal with Dublin-based Actavis

Drugs giant AstraZeneca is to boost its portfolio with the acquisition of a branded respiratory drug business for up to US $700m (€613m).

AstraZeneca strikes $700m deal with Dublin-based Actavis
Thu, 05 Feb, 2015 - 13:36

Drugs giant AstraZeneca is to boost its portfolio with the acquisition of a branded respiratory drug business for up to US $700m (€613m).

The agreement with Dublin-based rival Actavis to buy its respiratory business in North America includes the purchase of inhalation powder Tudorza Pressair, used by sufferers of chronic bronchitis.

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CourtsBusinessHeathrowPlace: DublinPlace: North AmericaPlace: USPerson: Pascal SoriotPerson: Paul HudsonPerson: SoriotPerson: David PiperOrganisation: AstraZenecaOrganisation: ActavisOrganisation: PfizerOrganisation: AlmirallOrganisation: ETX Capital
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