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Expands CNS portfolio
January 21, 2014
By: Kristin Brooks
Managing Editor, Contract Pharma
Teva Pharmaceutical Industries Ltd. has entered into a definitive agreement to acquire NuPathe Inc. for approximately $144 million in cash. NuPathe shareholders may also receive additional payments if sales milestones are met for NuPathe’s migraine treatment, ZECUITY. The transaction is expected to close in February 2014. Teva expands its central nervous system (CNS) portfolio with ZECUITY, the first prescription migraine patch approved by the FDA for the acute treatment of migraine in adults....
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