GSK Strengthens its Dermatology Business with Acquisition of Basilea’s Toctino®

By Heather Cartwright

Pharma Deals Review: Vol 2012 Issue 6 (Table of Contents)

Published: 21 Jun-2012

DOI: 10.3833/pdr.v2012.i6.1757     ISSN: 1756-7874

Section: Licensing

Fulltext:

Abstract

In exchange for £146 M (US$226 M) upfront, GlaxoSmithKline’s Stiefel Laboratories has acquired exclusive worldwide rights to Basilea Pharmaceutica’s chronic hand eczema drug Toctino® (oral alitretinoin), which is marketed in 14 countries and reported sales of CHF31 M (US$35 M) in 2011...

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