Sandoz is to acquire worldwide rights to the Mycamine (micafungin) antifungal brand from Astellas, in a deal that will see the Novartis subsidiary make an upfront payment of up to $75m as well as potential milestones.
Sandoz Adds To Anti-Infectives With Astellas Mycamine Deal
Global Micafungin Rights Valued At Up To $75m Upfront Plus Milestone Payments
Sandoz and Astellas have struck a deal that will see the Novartis subsidiary acquire global rights to the Mycamine micafungin antifungal brand, bolstering Sandoz’s anti-infectives portfolio and hospital offering.
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