After a brief break, AstraZeneca is back at divesting — handing off hypertension meds for $350M
On the same day that it’s getting back an experimental IL-23 drug from AbbVie and Allergan’s pre-merger divestiture exercise, AstraZeneca has engineered a sale of its own.
The pharma giant is collecting $350 million from Atnahs Pharma for global commercial rights to a suite of five off-patent hypertension drugs: Inderal (propranolol), Tenormin (atenolol), Tenoretic (atenolol, chlorthalidone fixed-dose combination), Zestril (lisinopril) and Zestoretic (lisinopril, hydrochlorothiazide fixed-dose combination).
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