Advanz Agrees Cut-Price Deal For Troubled Correvio Pharma

Firm Also Signs Agreement For UCB Portfolio

With a clear plan to move on niche and differentiated generics, complex specialty and value-added medicines, Advanz Pharma has agreed to buy debt-ridden Correvio Pharma and the rights to a portfolio from UCB, at the same time as shareholders opted to move to delist the company’s shares.

Handshake
Advanz has shaken hands on two deals, as it continues to eye strategic opportunities • Source: Shutterstock

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