Richter Swallows Up Estetrol Franchise And More From Stricken Mithra

Transaction Valued At €175m; Richter Will Cover Entire Value Chain In Women’s Healthcare

Gedeon Richter is looking to chart its own path in women’s healthcare and expand its global footprint, after buying up a bundle of businesses and key products and pipeline assets from Belgium’s Mithra.

Mergers & Acquisitions - Image
• Source: Shutterstock

Gedeon Richter has moved to snap up Mithra Pharmaceuticals’ Neuralis SA and Estetra SRL subsidiaries after the Belgian firm’s parent company Mithra entered bankruptcy proceedings.

More from Deals

Dr Reddy’s Bags Rights To Two More Biosimilars In Deal With Bio-Thera

 
• By 

India’s Dr Reddy’s and China’s Bio-Thera have struck a deal covering ustekinumab and golimumab biosimilars in multiple markets in south-east Asia.

Cipla Becomes Formosa’s Latest Clobetasol Partner With 11-Country Deal

 
• By 

Cipla has bolstered its ophthalmology portfolio and increased its global offering after chalking up an agreement to add Formosa Pharmaceuticals’ USFDA-approved clobetasol propionate 0.05% ophthalmic suspension.

Sandoz And Delpharm Renew Canadian Injectables Supply Agreement For 10 Years

 
• By 

Along with financial backing from the Canadian government, a fresh, decade-long partnership with Sandoz Canada will allow Delpharm to carry out modernization plans for its manufacturing facility in Boucherville, securing the local supply chain for sterile injectable medicines.

Alvotech Snaps Up Xbrane’s R&D And Cimzia Rival For $27m

 
• By 

Sweden’s Xbrane has struck a deal to transfer its R&D operations in Sweden and its Cimzia (certolizumab pegol) biosimilar candidate to Alvotech, in a transaction worth around $27m. However, Xbrane told Generics Bulletin that it was not getting out of biosimilar development altogether.

More from Business

Alvotech Reveals Ramp-Up In Development As Sales Explode In 2024

 
• By 

With sales and profits shooting up in 2024, Alvotech has revealed plans to rapidly accelerate development to add between four and six programs to its pipeline of biosimilars every year, while at the same time unveiling details of several new brands that it will be seeking to challenge. The firm has also set out longer-term financial targets that anticipate more than trebling its revenues in the next three years.

Henlius Builds Profitability Streak With Second Year In The Black

 
• By 

The Chinese player reported its second profitable year in a row, with growth in sales reported across its marketed portfolio and further milestones in the near future.

Dr Reddy’s Bags Rights To Two More Biosimilars In Deal With Bio-Thera

 
• By 

India’s Dr Reddy’s and China’s Bio-Thera have struck a deal covering ustekinumab and golimumab biosimilars in multiple markets in south-east Asia.