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Mylan Strikes €642m Deal For Aspen’s Thrombosis Business In Europe

Diversifies Mylan Further Ahead Of Viatris

 
• By Dean Rudge

With Mylan continuing to count down the days until its merger with Pfizer’s Upjohn completes, the US firm has struck a deal to acquire Aspen Pharmacare’s thrombosis business in Europe, bolstering what is already a $4bn operation.

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Mylan already has a $4bn business in Europe • Source: Shutterstock

Mylan has signed an agreement worth €641.9m ($758m) for the commercialization rights and intellectual property to Aspen Pharmacare’s thrombosis business in Europe, swelling operations further ahead of the creation of Viatris, the firm that will result from Mylan’s $12bn merger with Pfizer’s Upjohn off-patent and mature brands unit.

Subject to customary closing and regulatory conditions, the transaction will make Mylan the second largest supplier of thrombosis products in the continent, adding well-established anticoagulants like Arixtra (fondaparinux), Fraxiparine

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