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Perrigo parts with Elan Alzheimer's inheritance

 
• By Lucie Ellis-Taitt

Dublin, Ireland-headquartered Perrigo has sold off all rights to an Alzheimer's compound it inherited from Elan following a controversial acquisition of the company for $8.6bn last year.

Dublin, Ireland-headquartered Perrigo has sold off all rights to an Alzheimer's compound it inherited from Elan following a controversial acquisition of the company for $8.6bn last year.

Perrigo has transferred all development and commercialization rights to the Phase II CNS compound ELND005 to an Irish-domiciled subsidiary, and has now sold off this business to Toronto, Canada-based...

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