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Asset purchase agreement for patent portfolio

Companies: Warner Chilcott
AGI Therapeutics
Announcement date: Jul 26 2011
Deal value, US$m: 0.3 : sum of transaction

Details

Announcement date: Jul 26 2011
Industry sectors: Bigpharma
Pharmaceutical
Specialty pharma
Therapy areas: Gastrointestinal » Inflammatory bowel disease » Ulcerative colitis
Technology types: Small molecules
Deal components: Asset purchase
Stages of development: Discovery
Preclinical
Geographic focus: Worldwide

Financials

Deal value, US$m: 0.3 : sum of transaction

Termsheet

Warner Chilcott has completed the acquisition of a portfolio of patents from AGI Therapeutics for a purchase price of approximately $0.3 million.

Press Release

Warner Chilcott Announces Acquisition of Patent Portfolio From AGI Therapeutics

DUBLIN, Ireland, July 26, 2011 (GLOBE NEWSWIRE) -- Warner Chilcott plc (Nasdaq:WCRX) today announced that it has completed the acquisition of a portfolio of patents from AGI Therapeutics plc for a purchase price of approximately $0.3 million.

"We are pleased to have acquired the intellectual property rights to a novel early stage product under development for use in the treatment of gastrointestinal conditions, including ulcerative colitis," said Roger Boissonneault, President and CEO.

The Company

Warner Chilcott is a leading specialty pharmaceutical company currently focused on the women's healthcare, gastroenterology, dermatology and urology segments of the North American and Western European pharmaceuticals markets. The Company is fully integrated with internal resources dedicated to the development, manufacturing and promotion of its products. WCRX-G

CONTACT: Emily Hill Investor Relations 973-907-7084 Emily.Hill@wcrx.com

Filing Data

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Contract

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