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AstraZeneca to Divest its Hypertension Therapies to Atnahs Pharma

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AstraZeneca to Divest its Hypertension Therapies to Atnahs Pharma

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  • AstraZeneca to receive $350M up front- up to $40M as commercial milestones b/w 2020 to 2022. Atnahs to get global commercial rights (Ex- US- India and Japan) of Inderal (propranolol)- Tenormin (atenolol)- Tenoretic (atenolol- chlorthalidone FD combination)- Zestril (lisinopril) and Zestoretic (lisinopril- hydrochlorothiazide FD combination)
  • AstraZeneca will retain rights in Japan and will continue to manufacture & supply the therapies during the transaction period. The divestiture is expected to be completed in Q1’20
  • Inderal and Tenormin are beta-blockers- used to treat angina hypertension and arrhythmias. Zestril is an ACE inhibitor indicated to treat hypertension- CHF- diabetic-related conditions and hypertensive renal disease

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Ref: AstraZeneca | Image: AstraZeneca


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