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Civica Rx Gets $55m Investment

Strikes Deal With Blue Cross Blue Shield Insurance Group

 
• By Dave Wallace

Civica Rx has won an investment of $55m through a deal with the Blue Cross Blue Shield Association of US health insurance firms to create a new subsidiary that will acquire and develop generic filings to be launched in the US from 2022.

BlueCross_BlueShield
Blue Cross Blue Shield Has Partnered With Civica • Source: Shutterstock

Civica Rx has struck a deal with the [Blue Cross Blue Shield] Association of US health insurers that will see it gain an investment of $55m to create a new subsidiary that will acquire and develop generic filings for launch in the US from early 2022.

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