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Pernix Therapeutics Buys Orexigen's Contrave for $73.5Mn

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Pernix Therapeutics Buys Orexigen's Contrave for $73.5Mn

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  •  Nalpropion buys global commercialization rights of Orexigen’s Contrave a weight loss drug. Nalpropion is an investor group which includes Pernix
  •  Contrave has approx. 2.5 Mn prescription since 2014- presently- it is launched in 25 countries with expected launch in 13 countries in 2018 and has an US exclusivity till 2030
  • Pernix will have an option to acquire either upto 49.9 % of Nalpropion or wholly a special purpose entity

Ref:  Pernixtx | Image: LinkedIn

Click here to­ read the full press release 

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