M&A
confidence high
sentiment neutral
materiality 0.75
AcelRx sells DSUVIA/DZUVEO assets to Vertical Pharma for up to $116.5M milestones plus royalties
TALPHERA, INC.
- AcelRx to sell DSUVIA/DZUVEO sufentanil tablet to Vertical Pharma; gets up to $116.5M in sales milestones and 15% net sales royalty.
- 75% of DoD net sales under marketing agreement; rights revert if Buyer fails to commercialize by July 1, 2023.
- Aguettant amendments: EUR 1.5M payment to AcelRx, termination of sales milestones, and supply restructuring.
- Terminates Catalent site readiness and commercial supply agreements; equipment to be removed from Catalent's site.