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Noden Pharma DAC is a global specialty pharmaceutical company focused on acquiring prescription medicines across a broad range of therapeutic areas.
July 30, 2020
By: Contract Pharma
Contract Pharma Staff
PDL BioPharma, Inc. has signed a definitive agreement to sell its wholly owned subsidiaries Noden Pharma DAC and Noden USA (collectively Noden) to Stanley Capital in a transaction of up to $48.25 million in cash. The transaction is expected to close in August 2020, subject to certain customary closing conditions. “Entering into this transaction for the sale of Noden to Stanley Capital represents another significant step in the execution of our monetization strategy,” commented PDL...
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