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Mylan is acquiring the business on a cash-free, debt-free basis and expects to finance the transaction using a combination of cash and available borrowings under existing credit facilities
Medherant’s TEPI-patch is a thin, strong, easy-to-apply and easy-to-remove patch capable of delivering higher doses of drugs directly to the areas where they are needed
Removing water from drugs such as vaccines and other injectables (lyophilisation) and sealing the material in a vial makes it easier to transport drugs around the world, particularly where cold storage chains are less reliable. Such products, however, require an additional preparation step of recon
Growth will be driven by advances in processing, as well as the ability of products in aseptic packaging to be distributed and stored at ambient temperatures
Demand for drug delivery products in the US is projected to increase 6.1% annually to reach US$251bn in 2019
New applications continue to emerge for transdermal drug delivery, including migraine, HIV, osteoporosis, stroke and restless leg syndrome treatments
BD and Fresenius Kabi have also signed a 10-year supply and distribution agreement
First healthy subject dosed in Halozyme collaboration with Pfizer