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Philip Morris International
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Through the acquisition, PMI will build its overall platform of R&D and manufacturing expertise in nicotine and beyond nicotine product areas through the addition of Fertin’s strong capabilities and skilled workforce.


Lead Product(s): Nicotine

Therapeutic Area: Psychiatry/Psychology Product Name: Undisclosed

Highest Development Status: UndisclosedProduct Type: Small molecule

Recipient: Fertin Pharma AS

Deal Size: $820.0 million Upfront Cash: Undisclosed

Deal Type: Acquisition September 15, 2021

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OtiTopic develops the Asprihale patented dry powder inhalation ASA treatment to treat acute myocardial infarction as a self-administered aerosol. The company expects to move from clinical trials of Asprihale to filing for FDA approval at some point in 2022.


Lead Product(s): Aspirin

Therapeutic Area: Cardiology/Vascular Diseases Product Name: Asprihale

Highest Development Status: UndisclosedProduct Type: Small molecule

Recipient: OtiTopic

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Acquisition August 09, 2021

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Details:

Through the acquisition, PMI will build its overall platform of R&D and manufacturing expertise in nicotine and beyond nicotine product areas through the addition of Fertin’s strong capabilities and skilled workforce.


Lead Product(s): Nicotine

Therapeutic Area: Psychiatry/Psychology Product Name: Undisclosed

Highest Development Status: UndisclosedProduct Type: Small molecule

Recipient: Fertin Pharma AS

Deal Size: $820.0 million Upfront Cash: Undisclosed

Deal Type: Acquisition July 01, 2021

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