Date closed: 6/1/2016
Value: C$17 million
On June 1st, 2016, Sandoz AG purchased the North American distribution rights and portfolio of pharmaceutical and natural health products owned by Euro – Pharm International Canada Inc.
This portfolio acquisition allows Sandoz to promote EURO-PHARM's products in Canada starting June 1, 2016. EURO-PHARM, a privately-owned company founded in Montreal in 1996, will continue to manufacture the products for Sandoz and retains certain rights to commercialize products outside North America.