STADA Pharmaceuticals In Talks With Spirig Pharma Ltd. About Purchase Of Generics Operations

Published: May 23, 2011

Grunenthal is negotiating a 360 million euro deal to sell Central and Eastern European rights to some of its pain drugs.

Its fellow German pharma company Stada is looking to acquire a portfolio of Grunenthal’s branded drugs that would include the pain treatments Tramadol, Zaldiar and Transtec.

Also on the table is Palexia, Grunenthal’s novel first-in-class painkiller, which is expected to make annual sales of up to 25 million euros, but this has not yet been factored into the deal price.

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