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Actavis Plans Divestment of Doryx® to Mayne Pharma
Feb. 09, 2015 10:56AM PST
Life Science Investing NewsActavis plc (NYSE:ACT) announced that it’s entered an agreement to divest the US rights to Doryx® brand acne treatment and related assets to Mayne Pharma Group Ltd. (ASX:MYX).
Actavis plc (NYSE:ACT) announced that it’s entered an agreement to divest the US rights to Doryx® brand acne treatment and related assets to Mayne Pharma Group Ltd. (ASX:MYX).
As quoted in the press release:
The transaction is expected to close prior to the end of February. 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.
Click here to read the full Actavis plc (NYSE:ACT) press release.
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