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Teva’s Partner Antares Swallowed Up By Halozyme In $960m Deal

Teva/Antares Alliance Offers Gx EpiPen; US Forteo Rival Under Development

Executive Summary

For just shy of $1bn, Halozyme Therapeutics is set to acquire drug development and injectable technology specialist Antares Pharma, providing it with a portfolio and pipeline of Teva products through a long-term partnership.

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Sun’s rival to Forsteo, Accord and Mylan’s versions of Aubagio and Accord’s Nexavar generic were all endorsed by the European Medicines Agency at the CHMP’s September meeting.

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