Cosette Pharmaceuticals to acquire Mayne Pharma for $430M | North Carolina Biotechnology Center
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Cosette Pharmaceuticals to acquire Mayne Pharma for $430M | North Carolina Biotechnology Center
Two pharmaceutical companies with operations in North Carolina are joining forces for a greater impact on women’s health.Cosette Pharmaceuticals, based in Bridgewater, N.J., with a pharmaceutical production plant in Lincolnton, N.C., will acquire the Australian pharmaceutical company Mayne Pharma Group, which has its U.S. headquarters in Raleigh. Cosette will pay about $430 million for Mayne, or $7.40 Australian per share.
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