Scrip is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

Brought to you by

Cygnus sells drug delivery operations to Ortho-McNeil

Executive Summary

J&J company Ortho-McNeil Pharmaceutical is buying most of the assets of Cygnus's drug delivery business. J&J will pay $20mm cash up front, plus up to $55mm more in a cash earn-out contingent on technical, regulatory, and commercial milestones related to a seven-day contraceptive patch.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Transdermal
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Earnout
    • Payment Includes Cash

Related Companies