Advanz Pharma gains global rights to Androcur from Bayer
UK-headquartered specialty pharmaceutical company Advanz Pharma today announced it expands its specialty brands portfolio with the signing of the acquisition of global rights of Androcur (cyproterone acetate) from German pharma major Bayer (BAYN: DE).
The transaction is subject to customary regulatory filings and is expected to close in the first quarter of 2024.
Androcur is an anti-androgen therapy. It blocks the actions of male sex hormones (androgens) and reduces the amount of male sex hormones produced by the body. It also serves as a treatment in inoperable carcinoma of the prostate. Androcur is sold in more than 60 markets across Europe, Canada, APAC, MENA, and Latin America
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