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AstraZeneca - Divestments to support AstraZeneca's focus on three main therapy areas

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idpickering
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AstraZeneca - Divestments to support AstraZeneca's focus on three main therapy areas

#177033

Postby idpickering » October 30th, 2018, 8:18 am

Agreement with Grünenthal for rights to Nexium in Europe and Vimovo worldwide (ex-US)

AstraZeneca has agreed to divest the prescription medicine rights to Nexium (esomeprazole) in Europe, as well as the global rights (excluding the US and Japan) to Vimovo (naproxen/esomeprazole) to Grünenthal. The medicines are outside AstraZeneca's three main therapy areas of Oncology, Cardiovascular, Renal & Metabolism and Respiratory. Nexium has lost compound patent protection in the majority of global markets. Vimovo is patent protected in most European markets until 2025.


https://www.investegate.co.uk/astrazene ... 00085971F/

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