RedHill Biopharma Announces Deal To Acquire Global Rebyota And U.S. Clenpiq Commercialization Rights From Ferring For $12M Upfront, Plus Milestones And Tiered Royalties
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Why It Matters
RedHill Biopharma bought the rights to sell two medicines from another company for $12 million upfront, plus extra payments if the medicines do well. When a company buys medicine rights, it's betting those medicines will make money and help the company grow.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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