AstraZeneca is divesting two cardiovascular drugs to Germany’s Cheplapharm Arzneimittel GmbH for $400 million, which will allow the UK pharma giant to reinvest in its main therapy areas. At the time of the Losec deal, Dobber said the decision to divest that asset also centered on the management of mature drug assets. Our Program continues to monitor the COVID-19 pandemic and its related impacts and deploy appropriate actions to support patients. AstraZeneca will continue to manufacture and supply Inderal, Tenormin, Tenoretic, Zestril and Zestoretic to Atnahs during a transition period. We It is also used to lower the risk of death after a heart attack. Alternatively, you can report any side effects of prescription drugs directly to the FDA. In addition to the $350m instalment, AstraZeneca is also eligible for sales-contingent payments of up to $40m between 2020 and 2022. We encourage you to read the privacy policy of every website you visit. AstraZeneca may also receive future sales-contingent payments of up to $40m between 2020 and 2022. Last month, AstraZeneca signed an agreement to sub-license Movantik’s global rights, except in Europe, Canada and Israel, to RedHill Biopharma. AstraZeneca has picked up a $350m windfall after selling off five hypertension medicines to generics specialist Atnahs Pharma. We use cookies to ensure that we give you the best experience on our website. AstraZeneca Sells Hypertension Drugs in $350 Million Deal The company is divesting most of its global commercial rights to a suite of five medications. If you continue to use this site we will assume that you are happy with it. Inderal (propranolol) is a beta-blocker and is predominantly used to treat tremors, angina, hypertension, arrhythmias, and other heart or circulatory conditions. Veeva ID: Z4-25396Date of next review: August 2022. AstraZeneca focuses most of its research and development on drugs to treat cardiovascular, renal, and metabolic illnesses; cancer; and respiratory diseases. Meanwhile, Tenoretic uses a combination of beta-blocker and diuretic (chlorthalidone) for the treatment of high blood pressure. Zestril (lisinopril) is an angiotensin-converting enzyme (ACE) inhibitor used to treat hypertension, congestive heart failure, diabetic related conditions and hypertensive renal disease. AstraZeneca Sells Rights To Hypertension Drugs For $400M. I have read this warning and will not be using any of the contained product information for clinical purposes. AstraZeneca signed an agreement to sell the drugs to Atnahs Pharma in January. AstraZeneca is a global, innovation-driven biopharmaceutical business that focuses on the discovery, development and commercialisation of prescription medicines, primarily for the treatment of diseases in three main therapy areas - respiratory, inflammation, autoimmune disease (RIA), cardiovascular and metabolic disease (CVMD) and oncology – as well as in infection and neuroscience. It is also used to reduce the severity and frequency of migraine. AstraZeneca (LSE/STO/NYSE: AZN) is a global, science-led biopharmaceutical company that focuses on the discovery, development and commercialisation of prescription medicines, primarily for the treatment of diseases in three therapy areas - Oncology, Cardiovascular, Renal and Metabolism, and Respiratory. Atacand Plus is approved for the treatment of hypertension. AstraZeneca is not responsible for the privacy policy of any third party websites. You are about to access AstraZeneca historic archive material. Atnahs will make an upfront payment of $350m to AstraZeneca. Atacand is a selective and AT1 subtype angiotensin II receptor antagonist, which is designated to manage hypertension in adults and children/adolescents and HF in adults. It is usually treated using various drugs, such as endothelin receptor antagonists (ERAs), vasodilators, calcium channel blockers (CCBs), anticoagulants, diuretics and cardiac glycosides. “This transaction supports our strategy to realise value from our portfolio of non-core mature brands, enabling further investment in new medicines.”. Please visit astrazeneca.com and follow the Company on Twitter @AstraZeneca. AstraZeneca Pulmonary Arterial Hypertension (PAH) Drugs Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)    Table 61. Atacand Plus is approved for the treatment of hypertension. ANI agreed to pay $46.5 million in cash, royalties, and sales-based milestones to gain access to AstraZeneca's hypertension drugs Atacand and Atacand HCT and cancer treatments Arimidex and … It may also help improve survival after a heart attack. Nov 01, 2020. AstraZeneca provides this link as a service to website visitors. In … Most experts consider a normal blood pressure to be 120/80 mm Hg. In 2018, the five medicines together generated $132m in annual sales in the markets covered by this agreement. AstraZeneca will continue to produce and distribute Atacand and Atacand Plus drugs, as well as commercialise the medicine during a three-year transition period. Large-Volume Wearable Injection Devices for Biologics, Label Application Solutions for Pharmaceutical Packaging, Pharmaceutical Plastic and Glass Packaging, 2 March 2020 (Last Updated March 2nd, 2020 11:34). Beta-blocker Tenormin is used for hypertension, arrhythmias and angina treatment, as well as to lower the risk of death after a heart attack. You have selected a link that will take you to a site maintained by a third party who is solely responsible for its contents. The medicines, used primarily to treat hypertension, have lost their patent protection globally. The agreement excludes the rights in the US and India, which were previously divested, and in Japan, which will be retained by AstraZeneca. Losec is a proton pump inhibitor discovered and developed by AstraZeneca, which helps to reduce the amount of acid produced by the stomach in patients with gastrointestinal reflux conditions and ulcers. Atacand is a prescription drug approved to treat heart failure and hypertension, while Atacand Plus is used for hypertension. 2 March 2020 (Last Updated March 2nd, 2020 11:34) AstraZeneca has divested global commercial rights to a total of five hypertension drugs to Atnahs Pharma for a consideration of $350m. Atacand is a prescription medicine approved for the treatment of heart failure (HF) and hypertension. This transaction supports our strategy to realise value from our portfolio of non-core mature brands, enabling further investment in new medicines.”. The global hypertension drugs market is estimated to have reached $24.7bn in 2018 and is expected to reach the market value of $19.3bn by 2029 with a CAGR of -2.3% from 2019 to 2029.How this report will benefit you During the transition period, AstraZeneca will continue the production and distribution of Inderal, Tenormin, Tenoretic, Zestoretic, and Zestril to Atnahs Pharma. Daiichi Sankyo … Revenue forecasts for the Hypertension Drugs by Class of Drug from 2019-2029: Angiotensin II Receptor Blockers (ARBs): further broken down into revenue forecast of Atacand, Avapro, Diovan, Cozaar, Benicar, Entresto, Micardis, Azilva, Candesartan In order to monitor the safety of AstraZeneca products, we encourage reporting any side effects experienced while taking an AstraZeneca product to the AZ Information Center at 1-800-236-9933. The deal does not include the US and India rights previously sold. GlobalData's TMT Themes 2021 Report tells you everything you need to know about disruptive tech themes and which companies are best placed to help you digitally transform your business. This measures the resting pressure when the heart relaxes between heartbeats. Any reference in these archives to AstraZeneca products or their uses may not reflect current medical knowledge and should not be used as a source of information on the present product label, efficacy data or safety data. Zestril (lisinopril) is an angiotensin-converting enzyme (ACE) inhibitor used to treat hypertension, congestive heart failure, diabetic related conditions and hypertensive renal disease. The divestment is expected to complete in the first quarter of 2020, subject to customary closing conditions and regulatory clearances. Ruud Dobber, Executive Vice President, BioPharmaceuticals, said: “These are important established medicines, and the divestment to Atnahs ensures they will continue to be available to patients. Zestoretic is a fixed dose combination of lisinopril (ACE inhibitor) and hydrochlorothiazide (diuretic) used to treat hypertension. Furthermore, AstraZeneca will retain the rights in Japan. AstraZeneca on Friday announced that it would sell the commercial rights to two hypertension medicines, Atacand and Atacand Plus, to German pharmaceutical company Cheplapharm Arzneimittel GmbH, for … Ideally, everybody’s blood pressure should be below 130/80 mm Hg. These drugs can be inhaled, injected or orally administered. AstraZeneca has agreed to sell the global commercial rights to Inderal (propranolol), Tenormin (atenolol), Tenoretic (atenolol, chlorthalidone fixed-dose combination), Zestril (lisinopril) and Zestoretic (lisinopril, hydrochlorothiazide fixed-dose combination) to Atnahs Pharma (Atnahs). AstraZeneca BioPharmaceuticals executive vice-president Ruud Dobber said: “These are important established medicines and the divestment to Atnahs ensures they will continue to be available to patients. Zestril may also be used to improve survival after a heart attack. It is recorded while the blood pressure cuff is deflating. Click ‘cancel’ to return to AstraZeneca’s site or ‘continue’ to proceed. Please refer to your approved national product label (SmPC) for current product information. Tenoretic is a fixed dose combination of atenolol (beta-blocker) and chlorthalidone (diuretic), used to treat high blood pressure. Income arising from the upfront and future payments will be reported in AstraZeneca’s financial statements within Other Operating Income & Expense. Important notice for users The new pact adds onto AstraZeneca’s 2018 deal with Cheplapharm, where the latter gained European rights to the two hypertension drugs for … AstraZeneca is selling off the global rights for two hypertension drugs, Atacand and Atacand Plus, to German drugmaker Cheplapharm Arzneimittel in a $400 million deal covering 70 countries. Table AstraZeneca Pulmonary Arterial Hypertension (PAH) Drugs Product Introduction, Application and Specification Table AstraZeneca Pulmonary Arterial Hypertension (PAH) Drugs Production (K Pcs), Revenue (Million USD), Ex-factory Price (USD/Pcs) and Gross Margin (2014-2019) In 2018, Inderal, Tenormin, Tenoretic, Zestril and Zestoretic generated annual sales of $132m in the markets covered by this agreement. Atacand is a prescription medicine approved for the treatment of heart failure (HF) and hypertension. The divested medicines comprise Inderal (propranolol), Tenormin (atenolol), Tenoretic (atenolol and chlorthalidone combination), Zestril (lisinopril) and Zestoretic (lisinopril and hydrochlorothiazide combination). Zestril is designed as an angiotensin-converting enzyme (ACE) inhibitor to treat hypertension, congestive heart failure, diabetic-related conditions and hypertensive renal disease. The divested hypertension drugs registered annual sales of $132 million in 2018. 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This website is intended for people seeking information on AstraZeneca's worldwide business. Our country sites can be located in the AZ Network. Zestoretic is an ACE inhibitor and diuretic (hydrochlorothiazide), used to treat hypertension. 英語タイトル：Asia Pacific Pulmonary Arterial Hypertension Pah Drugs Market Report (2014-2024) - Market Size, Share, Price, Trend and Forecast 商品コード：PRF20FB31937 発行会社（リサーチ会社）：Prof Research Company Secretary Visit www.FDA.gov/medwatch or call 1-800-FDA-1088. AstraZeneca has sold global commercial rights for hypertension meds Inderal, Tenormin, Tenoretic, Zestril and Zestoretic to Atnahs Pharma to the … Hypertension and Heart Failure Drugs such as β-blockers, angiotensin-converting enzyme inhibitiors, angiotensin receptor blockers, aldosterone receptor blockers, hydralazine and nitrates, which have shown mortality benefit in Sharon Wrobel. AstraZeneca has divested global commercial rights to a total of five hypertension drugs to Atnahs Pharma for a consideration of $350m. AstraZeneca’s Agreement with Cheplapharm for US$400 million On 30 October 2020, AstraZeneca updated the market that the Company had signed an agreement to sell the commercial rights of its two hypertension drugs Continuing efforts to focus R&D, AstraZeneca plc closed out the year with yet another non-core asset sale that hands ANI Pharmaceuticals Inc. the U.S. rights and New Drug Applications to four drugs. Inderal is a beta-blocker indicated to treat hypertension, tremors, angina and arrhythmias among other heart or circulatory conditions, but can also be used to reduce the severity and frequency of migraine. At AstraZeneca, we view the safety and wellbeing of our patients as the highest priority. AstraZeneca PLC. Zestril may also be used to improve survival after a heart attack. AstraZeneca divests rights to established hypertension medicines. At­a­cand Plus is ap­proved for the treat­ment of hy­per­ten­sion when can­desar­tan or hy­drochloroth­iazide monother­a­py is “not suf­fi­cient­ly ef­fec­tive,” ac­cord­ing to the com­pa­ny. AstraZeneca sells hypertension drugs for $350M to Atnahs 29 January 2020 | News Sale of Inderal, Tenormin, Tenoretic, Zestril and Zestoretic to Atnahs Pharma supports AstraZeneca’s strategy of focusing on pipeline of new medicines BioPharmaceuticals (Renal) Environmental, Social and Governance, Adrian Kemp Tenormin (atenolol) is a beta-blocker that is used to treat angina and hypertension, as well as certain kinds of arrhythmias.
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