Grünenthal boosts US presence with buy of Valinor

22 July 2024

German family-owned pain focused drugmaker Grünenthal has announced the acquisition of USA-based Valinor Pharma.

The deal has a total value of around $250 million inclusive of all royalty obligations and brings in rights to its product Movantik (naloxegol). Grünenthal will finance the transaction using available liquidity.

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