Big pharma, Partnering, Pharma

Mayne acquires Doryx rights from Actavis

Posted on 12 February 2015

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Actavis has entered into an agreement with Mayne Pharma, under which it will divest the U.S. rights to the Doryx brand acne treatment and related assets to Mayne for approximately $50 million.

The transaction is expected to close prior to the end of February.

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Under the terms of the agreement, Actavis will continue to package, distribute and actively promote the product for a transition period until May 2 following the close of the transaction.

For further deal information visit Current Agreements (subscription required)

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