Shionogi & Co Ltd - Planned Acquisition Of Global Rights To Tanabe Pharma's RADICAVA ORS And IV RADIC
ReutersDec 22, 2025 10:06 AM
Dec 22 (Reuters) - Shionogi & Co Ltd 4507.T:
SHIONOGI EXPANDS RARE DISEASE PRESENCE WITH PLANNED ACQUISITION OF GLOBAL RIGHTS TO TANABE PHARMA CORPORATION'S RADICAVA ORS (EDARAVONE) AND IV RADIC
TO PAY LUMP SUM OF $2.5 BILLION TO TANABE PHARMA UPON COMPLETION OF PROCEDURES
MAY PAY A ROYALTY ON FUTURE SALES, SUBJECT TO CERTAIN CONDITIONS
TRANSACTION EXPECTED TO BE IMMEDIATELY ACCRETIVE IN FY26, ADDING APPROXIMATELY USD 700 MILLION IN ANNUAL GLOBAL SALES
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