Chiesi Farmaceutici to acquire biopharma company Amryt Pharma for $1.5bn

Chiesi Farmaceutici to acquire biopharma company Amryt Pharma for $1.5bn

Chiesi Farmaceutici, an Italian biopharmaceuticals and healthcare group, has agreed to acquire Amryt Pharma, a commercial-stage biopharmaceutical company, in an all-cash transaction valued at around $1.48 billion. The transaction value constitutes an upfront payment of around $1.25 billion and an additional $225 million of potential consideration payable if certain milestones related to Amryt Pharma’s Filsuvez […]

Amryt gets FDA orphan drug designation for Mycapssa for carcinoid syndrome

Amryt gets FDA orphan drug designation for Mycapssa for carcinoid syndrome

Amryt, a commercial-stage biopharma company, has secured orphan drug designation for Mycapssa (octreotide capsules) from the US Food and Drug Administration (FDA) for the treatment of carcinoid syndrome. Carcinoid syndrome is the most common functional syndrome related to neuroendocrine tumors (NETs) that affects less than 200,000 people in the US. Dr Joe Wiley — Amryt […]