Agreement signedPublished 5 May 2022

Advanz Pharma /
Intercept’s international operations

Advanz Pharma to take on Intercept’s international operations outside the U.S.

Price
$405m
Stage
Agreement signed
Source · 5 May 2022
01 / BuyerAdvanz Pharma
02 / TargetIntercept’s international operations
01

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.

02

The source

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01
Source · Source

Advanz Pharma to take on Intercept’s international operations outside the U.S.

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03

Timeline

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