AstraZeneca hands over some rights to Nexium, Vimovo to Grünenthal as it plots turnaround

AstraZeneca hands over some rights to Nexium, Vimovo to Grünenthal as it plots turnaround

Source: 
Endpoints
snippet: 

In a bid to rejuvenate growth following years of shrinking revenue and the loss of patent protection for its mainstay drugs, AstraZeneca $AZN is divesting certain rights to two assets — Nexium and Vimovo — to Germany’s Grünenthal for a combined upfront of $815 million.