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Sagent Pharmaceuticals, Inc. Announces Amendment to Supply Agreement With Actavis


3/6/2013 11:23:20 AM

SCHAUMBURG, Ill., March 5, 2013 (GLOBE NEWSWIRE) -- Sagent Pharmaceuticals, Inc. (Nasdaq:SGNT), a leader in specialty injectable pharmaceutical products, today announced the signing of an amendment to its Manufacturing and Supply Agreement with Actavis. The amended agreement provides for an enhanced profit split in favor of Sagent, a revised line-up of products including the addition of a zoledronic acid injection, 4 mg vial product, a modified termination date of December 31, 2014 and a one-time termination fee of $5 million payable to Sagent.

Read at GlobeNewswire


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