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Advanz Agrees Cut-Price Deal For Troubled Correvio Pharma

Firm Also Signs Agreement For UCB Portfolio

Executive Summary

With a clear plan to move on niche and differentiated generics, complex specialty and value-added medicines, Advanz Pharma has agreed to buy debt-ridden Correvio Pharma and the rights to a portfolio from UCB, at the same time as shareholders opted to move to delist the company’s shares.

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