Breaking News

Janssen Divests Pain Assets to Depomed

Gains NUCYNTA product rights for $1.05 billion

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Janssen Pharmaceuticals, Inc. (JPI) has entered into a definitive agreement with Depomed to divest its U.S. rights to pain medications NUCYNTA (tapentadol), NUCYNTA ER (tapentadol) extended-release tablets and NUCYNTA (tapentadol) oral solution, for $1.05 billion. The transaction, subject to customary closing conditions, is expected to close in 2Q15. With this strategic decision, JPI aims to focus efforts and resources on targeted growth priorities.     JPI currently licenses the commercializati...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters