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AZ completes Entocort divestiture; grants Perrigo rights in US

Executive Summary

AstraZeneca PLC granted Perrigo Co. PLC exclusive rights to sell its Crohn's disease therapy Entocort (budesonide) in the US. The transaction completes AZ's strategic divestiture of the product; Tillotts Pharma got global rights (excluding the US) in July.
Deal Industry
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • Marketing (Licensing)
    • Reverse Licensing

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