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ANI Snaps Up Novitium In Deal Worth Up To $210m

Pipeline Includes 505(b)(2) Products; Transaction Also Bolsters CDMO Business

 
• By Dave Wallace

ANI Pharmaceuticals has struck a deal worth up to $210m to acquire niche generics specialist Novitium Pharma, a move that the firm says will bring it a healthy pipeline of ANDAs and 505(b)(2) products as well as enhancing its CDMO business.

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The deal will expand ANI’s pipeline and CDMO business • Source: Shutterstock

ANI Pharmaceuticals has agreed to pay up to $210m to acquire niche generics specialist Novitium Pharma, giving it access to a pipeline of generics and hybrid 505(b)(2) products as well as scaling up ANI’s contract development and manufacturing organization business.

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