Takeda sells dry eye drug to Novartis to help cut debt

Takeda Pharmaceutical Co Ltd agreed to sell its dry eye drug to Swiss drugmaker Novartis AG for $3.4 billion and potential milestone payments of up to $1.9 billion, in the first divestment since its takeover of Britain's Shire.

from Reuters: Business News https://reut.rs/2Vb5hoT
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