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Novartis' Sandoz doubles down on antibiotics with $500M deal for GSK brands

cafead

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  • cafead   Feb 11, 2021 at 10:42: PM
via Novartis’ Sandoz is doubling down on antibiotics with a hefty deal for GlaxoSmithKline’s cephalosporin business.

Generics-focused Sandoz will pay $350 million up front and up to $150 million in milestone payments for Zinnat, Zinacef and Fortum, established antibiotic brands sold in more than 100 countries.

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