Teva Acquires NuPathe for $144M to Expand Its Portfolio

Teva Pharmaceutical Industries will acquire NuPathe Inc. for $3.65 per share in cash, or $144 million, to expand its portfolio of medicines to treat conditions affecting the central nervous system. In addition to the upfront cash payment, NuPathe shareholders will receive rights to get additional cash payments of up to $3.15 per share if specified sales of NuPathe's migraine treatment Zecuity are achieved over time, according to Teva. Read the full story

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