Pharma Deals Review, Vol 2013, No 1 (2013)

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Allergan Looks to Boost Migraine Business with MAP Pharmaceuticals Purchase

Heather Cartwright

Abstract


In a move to strengthen its neurology franchise, Allergan has agreed to acquire MAP Pharmaceuticals, developer of the acute migraine drug Levadex® (dihydroergotamine) inhalation aerosol, in a deal that values the company at approximately US$958 M. Levadex is currently awaiting a regulatory decision from the US FDA with a PDUFA date of 15 April 2013. Allergan markets Botox® (onabotulinumtoxinA) for the prophylactic management of chronic migraine and in 2011 the company agreed to co-promote Levadex to neurologists and pain specialists in the US.



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