This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

News
20 Jun 2012

Valeant Buys Oral Health Specialist OraPharma

Canadian drug maker Valeant has announced the acquisition of OraPharma.

Valeant Pharmaceuticals has signed an agreement to buy OraPharma, a specialty oral health company headquartered in Pennsylvania, US.

 

The Canadian drug maker has agreed to acquire the company from private equity firm Water Street Healthcare Partners for an upfront payment of $312 million, along with a possible $114 million in milestone payments.

 

The deal - which is expected to close this month (June 2012) - boosts Valeant's position in the field of oral health.

 

OraPharma's lead product is a locally administered antibiotic called Arestin, which is designed to treat adult periodontitis.

 

It is administered via an

Related News