Aspen seeks to lift Latin American business in R5bn deal with Viatris
The drugmaker secures rights to portfolio of drugs that includes Viagra and Lipitor
01 August 2023 - 11:06
Pharmaceutical manufacturer Aspen Pharmacare will buy the Latin American commercial rights and intellectual property for a portfolio of Viatris’ branded products including the erectile dysfunction drug Viagra, in a deal worth $280m (about R5bn).
Aspen’s Latin American business delivers more than a tenth of the company’s turnover, and the region offers strong growth opportunities, said Aspen CEO Stephen Saad...
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