Pharmaceutical Almirall will also transfer 719 employees to the British AstraZeneca

The British multinational has already acquired the rights to develop and commercialize the respiratory business of the Catalan company

Economy | 2014/11/04 –LA VANGUARDA.com

Barcellona, ​​4 novembre (EFE) .- Almirall trasferirà un totale di 719 dipendenti a AstraZeneca UK, l’attuale proprietario del business respiratoria della farmaceutica catalana.

In a note sent to the Comisión Nacional del Mercado de Valores (CNMV), Almirall specified the number of employees of its subsidiaries in Europe, Mexico and Canada, who will be part of the AstraZeneca group.

The company, however, has not said how many workers in each country will be incorporated into the British multinational.

On July 30, Almirall announced it had reached an agreement with AstraZeneca to transfer the rights to the respiratory business for an amount that could reach $2,095 million (€1,562 million).

This proposed transaction ended on Monday, whereby the British multinational already owns the rights to develop and commercialize the respiratory business of the Catalan company, including the rights deriving from previous alliances with third parties and as well as the research of new therapies.

This entitlement also includes drugs such as Eklira (aclidinium), Almirall's lead drug for chronic obstructive pulmonary disease (COPD), which also divested its subsidiary Sofotec Almirall, focused on the development of new inhalers, to AstraZeneca.

L’accordo prevede anche il trasferimento di gran parte dei dipendenti dedicati al business delle vie respiratorie ad AstraZeneca, compresi i lavoratori Sofotec, con sede in Germania.

Almirall, based in Barcelona, ​​is listed on the Spanish Stock Exchange and has a presence in Europe, the United States, Canada and Mexico.

The pharmaceutical controlled by Gallardo brothers ha chiuso il primo semestre dell’anno con un utile di 19,1 milioni di euro, 8,5% in più rispetto allo stesso periodo dello scorso anno.

Read more: http://www.lavanguardia.com/economia/20141104/54418555433/la-farmaceutica-almirall-traspasara-719-empleados-a-la-britanica-astrazeneca.html#ixzz3I7Og0mGY

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