Acquiring Company
Apotex Health
Acquired Company
RedHill Biopharma Ltd
Toronto
RaleighManufacturingBiotechnologyHealthcareSoftwareHealth CareScience And EngineeringDescription
RedHill Biopharma Ltd. has divested its Talicia business to Apotex Health Corp. for an upfront payment of $18 million, alongside additional milestone payments of up to $35 million. This strategic move allows RedHill to enhance its liquidity and focus on new product opportunities. Apotex aims to expand Talicia's global reach as part of its growth strategy.
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Based on deal dataFrequently asked
Who acquired RedHill Biopharma Ltd?
RedHill Biopharma Ltd was acquired by Apotex Health, based in Toronto. The deal was reported on August 31, 2026. Apotex Health Corp. is one of Canada’s largest pharmaceutical companies. The company specializes in the generics pharmaceutical market and has a significant presence across the Americas and India. Apotex Health is privately held.
When did Apotex Health acquire RedHill Biopharma Ltd?
Apotex Health's acquisition of RedHill Biopharma Ltd was reported on August 31, 2026. RedHill Biopharma Ltd. has divested its Talicia business to Apotex Health Corp. for an upfront payment of $18 million, alongside additional milestone payments of up to $35 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does RedHill Biopharma Ltd do?
RedHill Biopharma Ltd. (Nasdaq: RDHL) is a specialty biopharmaceutical company focused on developing and commercializing therapies for gastrointestinal, infectious, and oncological diseases in the U.S. It is publicly traded (RDHL), operating in Manufacturing, and is based in Raleigh.
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