Purdue Is Open For Business Deals And Shopping On Multiple Fronts

The private pain specialist is interested in business development opportunities in its core therapeutic space and adjacencies, but also looking at other ‘innovative’ technologies and partnerships with ex-US drug manufacturers, CEO Timney said during an interview.

Purdue Pharma LP’s initiative to diversify includes business deals on multiple fronts, including in its core area of pain but also in new “innovative” areas and through commercialization deals with ex-US partners, CEO Mark Timney said in a recent interview.

The chief executive has set deal-making as a top priority for Purdue since taking over the helm of the private specialty pharma in early 2014. The strategy is a key...

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