Mundipharma Ophthalmology Products, a unit of Swiss privately-owned Mundipharma, has signed an agreement with MSD, the operating name for US pharma giant Merck & Co (NYSE: MRK) outside the USA and Canada, to acquire MSD's ophthalmology portfolio for the treatment of increased ocular pressure caused by open angle glaucoma or ocular hypertension.
It gains rights to the products in Australia, Canada, Latin America, Middle East, Africa and New Zealand. This marks a key milestone in strengthening Mundipharma's footprint and ongoing investment in specialty care medicines. Financial terms of the transaction were not revealed.
The acquired portfolio consists of Cosopt (dorzolamide and timolol), Cosopt Preservative-Free, Saflutan (tafluprost), Timoptic (timolol maleate), Timoptic XE and Preservative-Free, Trusopt (dorzolamide) and Trusopt Preservative-Free, which cover the primary treatment methods of open-angle glaucoma. Timoptic is on the World Health Organization's list of essential medicines, and an important first line therapy.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze