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Sandoz Adds To Anti-Infectives With Astellas Mycamine Deal

Global Micafungin Rights Valued At Up To $75m Upfront Plus Milestone Payments

 
• By Dave Wallace

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.

Sandoz logo on building
Sandoz and Astellas have struck a deal for Mycamine • Source: Shutterstock

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.

Describing Mycamine – known as Funguard in Japan – as a “leading global echinocandin, one of three major antifungal classes,” Sandoz said the acquisition would “significantly reinforce Sandoz’s hospital offering and leading anti-infectives portfolio” while also supporting the firm’s efforts to combat

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