Independent French drugmaker Ethypharm says it has acquired 100% of the share capital of DB Ashbourne Group (DBA), a branded pharmaceutical business established in the UK in 2009.
DBA currently markets and supplies a range of off-patent prescription only medicines to the UK market, generating significant savings for the National Health Service and has an exciting pipeline of products in development which will be supplemented with a wide range of additional products from the Ethypharm pipeline.
The company has established a strong network of relationships with UK Clinical Commissioning Groups and a portfolio of high quality brands. In total, its products have secured an estimated £127 million ($192 million) in savings for the NHS over five years, according to Cavendish Corporate Finance, which advised on the DBA sale.
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