Spectrum Pharmaceuticals to divest seven oncology drugs in $300m deal with Acrotech Biopharma

Spectrum Pharmaceuticals to divest seven oncology drugs in $300m deal with Acrotech Biopharma

In a major strategic move, Spectrum Pharmaceuticals, a prominent US-based biopharma company, has entered into a deal with Acrotech Biopharma, a subsidiary of Aurobindo Pharma USA, to sell seven FDA-approved oncology and hematology drugs for approximately $300 million. The decision is part of Spectrum’s broader strategy to pivot towards innovative cancer therapies, according to the […]