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Apotex Remains Alert To Acquire US Provigil And Nuvigil Rights

Deal Follows Neuraxpharm Buying Up Narcolepsy Drugs In Most Non-US Markets

 
• By Dean Rudge

A decade after Teva was slapped with a ten-figure fine for its alleged illegal activities blocking US generic competition to its Provigil brand, the Israeli firm has offloaded the narcolepsy drug and follow-up brand Nuvigil in the US to Apotex.

Narcolepsy
• Source: Shutterstock

Days after Neuraxpharm announced that it had acquired the narcolepsy brands Provigil (modafinil) and Nuvigil (armodafinil) in the majority of non-US markets, the fate of the drugs’ US rights has been revealed.

Marking a “strategic milestone for Apotex and a significant initial step in growing our US specialty business,” the Canadian firm has announced that its affiliate Nuvo Pharmaceuticals has bought up...

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