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AZN Astrazeneca Plc

11,708.00
-256.00 (-2.14%)
14 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Astrazeneca Plc LSE:AZN London Ordinary Share GB0009895292 ORD SHS $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -256.00 -2.14% 11,708.00 11,710.00 11,716.00 11,908.00 11,678.00 11,844.00 2,989,208 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 54.07B 7.04B 4.5371 25.82 185.51B

AstraZeneca PLC AstraZeneca Completes Aspen Agreement (6199I)

01/09/2016 7:00am

UK Regulatory


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TIDMAZN

RNS Number : 6199I

AstraZeneca PLC

01 September 2016

01 September 2016 07:00 BST

ASTRAZENECA COMPLETES COMMERCIALISATION AGREEMENT WITH ASPEN FOR ANAESTHETICS PORTFOLIO

AstraZeneca today announced that it has completed* the commercialisation agreement with Aspen Global Incorporated (AGI), part of the Aspen Group, for rights to its global anaesthetics portfolio outside the US. The agreement covers seven established medicines - Diprivan (general anaesthesia), EMLA (topical anaesthetic) and five local anaesthetics (Xylocaine/Xylocard/Xyloproct, Marcaine, Naropin, Carbocaine and Citanest). As AstraZeneca will retain a significant ongoing interest in the portfolio, the upfront payment (to be recognised in the third quarter of 2016), along with all future milestone and royalty payments, will be reported as Externalisation Revenue in the Company's financial statements.

* With the exception of Ukraine and Zimbabwe, which are subject to separate closing

About AstraZeneca

AstraZeneca is a global, science-led biopharmaceutical company that focuses on the discovery, development and commercialisation of prescription medicines, primarily for the treatment of diseases in three therapy areas - Respiratory and Autoimmunity, Cardiovascular and Metabolic Diseases, and Oncology. The Company is also active in inflammation, infection and neuroscience through numerous collaborations. AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. For more information please visit: www.astrazeneca.com

CONTACTS

 
 Media Enquiries 
 Neil Burrows        UK/Global    +44 203 749 5637 
 Vanessa Rhodes      UK/Global    +44 203 749 5736 
 Karen Birmingham    UK/Global    +44 203 749 5634 
 Rob Skelding        UK/Global    +44 203 749 5821 
                                  +46 8 553 260 
 Jacob Lund          Sweden        20 
 Michele Meixell     US           +1 302 885 2677 
 
 
 Investor Relations 
 UK 
 Thomas Kudsk 
  Larsen                                           +44 203 749 5712 
                       Finance, Fixed              +44 7881 615 
 Craig Marks            Income, M&A                 764 
                       Respiratory & 
 Nick Stone             Autoimmunity               +44 203 749 5716 
 Henry Wheeler         Oncology                    +44 203 749 5797 
 Christer Gruvris      Infection & Neuroscience    +44 203 749 5711 
 US 
                       Cardiovascular 
 Lindsey Trickett       & Metabolic Diseases       +1 240 543 7970 
 Mitchell Chan          Oncology                   +1 240 477 3771 
 Toll-free                                         +1 866 381 7277 
 

-ENDS-

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGRAKDDNABKDQFN

(END) Dow Jones Newswires

September 01, 2016 02:00 ET (06:00 GMT)

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