Recordati to Buy Worldwide Rights to Signifor & Osilodrostat

July 12, 2019, 7:43 PM UTC

Recordati agreed to acquire worldwide rights to Signifor and Signifor LAR for the treatment of Cushing’s disease and acromegaly in adult patients.

  • The agreement also covers the acquisition of worldwide rights to osilodrostat, an investigational innovative drug for the treatment of endogenous Cushing’s syndrome
  • Upon completion of the transaction a consideration of $390 million will be due to Novartis

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