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LEO Pharma to acquire dersimelagon rights from Tanabe for $435 million

Segment
Pharmaceuticals / Biotechnology
Industry
Tech
Type
asset_purchase

LEO Pharma, backed by Nordic Capital, will acquire dersimelagon rights from Tanabe, owned by Bain Capital, for $435 million. Tanabe is a pharmaceutical company with dermatology drug assets. LEO Pharma serves close to 100 million patients in more than 70 countries annually.

Source: Pehub