Advanz Pharma /
Intercept’s international operations
Advanz Pharma to take on Intercept’s international operations outside the U.S.
- Price
- $405m
- Stage
- Agreement signed
What happened
Intercept Pharmaceuticals, Inc. agreed to sell certain foreign subsidiaries and rights regarding its international operations to Advanz Pharma, including a license to commercialize Ocaliva outside the U.S.
The agreements provide for $405 million up front, with an additional $45 million earnout tied to extensions of orphan drug exclusivity in Europe.
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Advanz Pharma to take on Intercept’s international operations outside the U.S.
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