AstraZeneca to Acquire Omthera for $443M

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PBR reports AstraZeneca has agreed to acquire Omthera Pharmaceuticals along with novel dyslipidemia treatment in a deal, which has a total potential cost of nearly $443m.

PBR reports AstraZeneca (NYSE:AZN, LSE:AZN) has agreed to acquire Omthera Pharmaceuticals (NASDAQ:OMTH) along with novel dyslipidemia treatment in a deal, which has a total potential cost of nearly $443m.

As quoted in the market news:

AstraZeneca chief executive officer Pascal Soriot said, “Epanova offers real potential both as a distinctive monotherapy for the treatment of hypertriglyceridemia and in combination with Crestor for patients at high risk of adverse cardiovascular events.”

Click here for the full PBR news story

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