Shire Divests Oncology Products to Servier
Natasha Piper
Abstract
Shire has agreed to sell its oncology business to Servier amidst takeover negotiations with Takeda Pharmaceutical. Shire’s oncology business consists of Onivyde® (irinotecan liposome injection) for the treatment of metastatic pancreatic cancer and ex-US rights to Oncaspar® (pegaspargase) for the treatment of acute lymphoblastic leukaemia, which together generated sales of nearly US$262 M in 2017.
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