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Sagent, Actavis Amend Supply Pact

Revises product line-up and termination date

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Sagent Pharmaceuticals and Actavis have signed an amendment to their manufacturing and supply agreement, providing an enhanced profit split in favor of Sagent, the addition of a zoledronic acid injection, 4 mg vial product, a modified termination date of December 31, 2014, and a one-time termination fee of $5 million payable to Sagent.   “Our mutually beneficial relationship with Actavis was an important contributor to the early development of our company,” said Jeffrey M. Yordon, pr...

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