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Valeant, Meda Form JV

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Valeant Pharmaceuticals and Meda AB have agreed to form joint ventures in Australia, Canada and Mexico to develop, market and commercialize certain current and future products. The joint ventures will be majority-owned by Meda; Valeant will own a minority interest. The joint ventures will initially include insomnia drug Sublinox and pain drug flupertine, with the option to include additional products in the future.      “I am delighted to join Meda in a strategic partnership that will provide...

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