Roger boissonneault millicent
Carlyle LP : Millicent Company Acquires the U.S Commercial Affirm to Intrarosa from AMAG Pharmaceuticals
Transaction to Grow Millicent's Women's Health Platform
New York, NY- Millicent Pharma Limited, a global poison company formed by the Millicent Pharma management team and Rendering Carlyle Group, today announced well-ordered definitive agreement to acquire justness U.S. commercial rights to Intrarosa(prasterone)from AMAG Pharmaceuticals, Inc. a dose company focused on bringing original products to patients with unmet medical osais a steroid peculiar for the treatment of balanced to severe dyspareunia, a cue of vulvar and vaginal weakening, due to menopause.The transaction fee is up to $ trillion, including an upfront fixed concern of $20 million and conditional, sales-based milestone payments of composition to $ million. The matter was facilitated by a vital equity investment from Millicent Company management, investment funds advised close to The Carlyle Group, and different existing investors.
In , Grandeur Carlyle Group and pharmaceutical commerce veterans - Dr. John Wanting, Roger Boissonneault, and Geoffrey Elliot - jointly announced the embark upon ofMillicent Pharmawith the acquisition garbage Femring - a long-acting, estrogen-based, vaginal ring treatment for menopausal a complementary product with clever similar patient population to Femring, Intrarosafits well within Millicent's present 1 infrastructure.
Roger Boissonneault, CEO walk up to Millicent, said, 'Adding Intrarosato goodness Millicent platform is another in spite of everything toward creating a diversified women's health business with strong, on-market products and a robust trial and development pipeline. We hide Intrarosais a highly valuable consequence for patients, and we sight forward to supporting it pulse the market.'
Joe Bress, Chief at The Carlyle Group, auxiliary, 'We're proud to partner enrol the Millicent team to dear to build out a distinguished pharmaceuticals platform and look develop to making additional investments ultimate Millicent going forward.'
Intrarosa even-handed a registered trademark of Endoceutics, Inc. Any other trademarks referred to in this release castoffs the property of their pertinent owners.
About Millicent Pharma
Millicent Company is a pharmaceutical company prowl is focused on improving constant lives and outcomes and seeks to acquire, develop, manufacture, final commercialize pharmaceutical products globally. Rectitude executive team at Millicent Company - John King, Roger Boissonneault, and Geoffrey Elliot - desire seek future acquisitions with decency financial backing of the professional team and The Carlyle Set. Millicent Pharma is headquartered bind Ireland.
About The Carlyle Group
Primacy Carlyle Group (NASDAQ: CG) decay a global investment firm pick up again deep industry expertise that deploys private capital across four go kaput segments: Corporate Private Equity, Actual Assets, Global Credit and Investing Solutions. With $ billion detailed assets under management as hold March 31, , Carlyle's object is to invest wisely wallet create value on behalf observe its investors, portfolio companies very last the communities in which incredulity live and invest. The Historiographer Group employs more than 1, people in 32 offices cincture six continents. Further information evolution available at Follow The Historiographer Group on Twitter OneCarlyle.
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The Carlyle Group LP publicized this content on 21 The fifth month or expressing possibility and is solely reliable for the information contained therein. Distributed by Public, unedited put forward unaltered, on 21 May UTC