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Horizon Pharma plc

Drug Names(s): oxandrolone

Description: Oxandrin is an orally active formulation of the anabolic steroid oxandrolone. Oxandrin appears to be one of the few oral anabolic steroids with a history of use in treating wasting disorders. It differs from other testosterone analogs in that it contains an oxygen rather than a carbon atom. This may account for its anabolic potency that is approximately three to 13 times that of testosterone.

Deal Structure: Horizon and Crealta
In December 2015, Horizon Pharma announced it has entered a definitive agreement to acquire Crealta Holdings for $510 million in cash. The acquisition is structured as an all cash purchase with no external financing necessary. The transaction, which has been approved by the boards of directors of both companies, is subject to the satisfaction of customary closing conditions and regulatory approvals, including antitrust approval in the United States.

In January 2016, Horizon announced that it has completed its acquisition of Crealta Holdings LLC for approximately $510 million in cash.

Partners: Ferring BV

Oxandrin News

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