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Medexus Pharmaceuticals Inc T.MDP

Alternate Symbol(s):  MEDXF

Medexus Pharmaceuticals Inc. is a Canada-based specialty pharmaceutical company with a North American commercial platform. The Company has a portfolio of rare disease treatment solutions. Its focus is on the therapeutic areas of oncology, hematology, rheumatology, autoimmune diseases, allergy, and dermatology. It operates through two segments: Medexus Pharma Canada and Medexus Pharma USA. Its lead products are IXINITY (US), Rupall (Canada), Rasuvo (US) and Metoject (Canada), and Gleolan (US). IXINITY (US) is an intravenous recombinant factor IX therapeutic for use in patients with hemophilia B. Rupall (Canada) is a prescription allergy medication with a mode of action. Rasuvo (US) and Metoject (Canada) is a formulation of methotrexate designed to treat rheumatoid arthritis and other autoimmune diseases. Gleolan (US) is an optical imaging agent indicated in patients with glioma as an adjunct for the visualization of malignant tissue during surgery.


TSX:MDP - Post by User

Bullboard Posts
Post by value1on Sep 09, 2015 1:41pm
177 Views
Post# 24089692

put thesse metrics to pediapharm - potential.....

put thesse metrics to pediapharm - potential.....The Financial Post reports in its Wednesday edition that Concordia Healthcare is buying Amdipharm Mercury from Cinven for $3.5-billion (U.S.), including assumed debt, boosting its portfolio of drugs to 200 from 20 and giving it a foothold in overseas markets. A Reuters dispatch to the Post reports that Amdipharm Mercury, created with the merger of Mercury Pharma and Amdipharm in 2012, buys off-patent drugs from big pharma firms such as Novartis, GlaxoSmithKline and Abbott Laboratories, and sells them in about 100 countries. Amdipharm's 190 drugs are used in several difficult-to-treat conditions including hyperthyroidism, depression and bacterial infections. The deal is the biggest in Concordia's history. Amdipharm is Concordia's second acquisition this year as it tries to gain scale through acquisitions, much like its rival Valeant Pharmaceuticals International. Concordia chief executive officer Mark Thompson called the acquisition a "powerful cash-machine" that would help the company with future deals. The deal is expected to boost Concordia's sales to about $870-million to $920-million in 2015 on a pro-forma basis, of which about $530-million to $560-million is expected to come from Amdipharm.
Bullboard Posts