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Grunenthal Acquires Averitas Pharma for its Peripheral Neuropathic Pain Product- Qutenza (capsaicin)

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Grunenthal Acquires Averitas Pharma for its Peripheral Neuropathic Pain Product- Qutenza (capsaicin)

Shots:
  • Grunenthal acquired Averitas Pharma in all stocks transaction- gained the commercialization rights for Qutenza
  • The focus of the acquisition is to expand and strengthen its footprints in the markets of US
  • Qutenza (8% capsaicin) is an analgesic and is approved by the US FDA & EU for postherpetic neuralgia (PHN) & peripheral neuropathic pain indication in adults respectively
Ref: Grunenthal | Image: Glarus24

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