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NPS Moves Toward Status As Global Orphan Drug Firm With Takeda Agreement

This article was originally published in The Pink Sheet Daily

Executive Summary

In a deal that moves a $50 million equity stake to Takeda, NPS reacquires ex-U.S. rights to teduglutide and PTH 1-84, enabling the New Jersey firm to position itself as a worldwide orphan drug specialist. Takeda also can earn a $30 million one-time, sales-dependent milestone under the deal.

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