Allergan acquires Anterios for upfront $90 million

8 January 2016

Ireland-domiciled Botox specialist Allergan (Nasdaq: AGN) yesterday announced that it has acquired Anterios, a clinical stage biopharmaceutical company developing a next generation delivery system and botulinum toxin-based prescription products.

Historically acquisitive Botox maker Allergan, is itself in the throes of a mega, $160 billion, merger agreement with US pharma giant Pfizer (The Pharma Letter November 23, 2015).

Under the terms of the agreement, Allergan acquired Anterios for an upfront $90 million and potential development and commercialization milestone payments related to NDS, Anterios' proprietary platform delivery technology that enables local, targeted delivery of neurotoxins through the skin without the need for injections.

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