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Grünenthal expands global ownership of Movantik® through acquisition of US-based Valinor Pharma.

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July 22, 2024
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Pharmaceutical company Grünenthal has announced the acquisition of US-based Valinor Pharma, LLC and its product Movantik® (naloxegol), with a total deal value of approximately $250 million, inclusive of all royalty obligations. The acquisition further strengthens Grünenthal’s presence in the United States and adds to its growing portfolio of established medicines. Movantik® is an oral treatment…

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