Amryt shareholders will receive $14.50 per ADS cash upfront, plus Contingent Value Rights (CVR) of up to an additional $2.50 per ADS based on achievement of certain milestones
“This addition of the Amryt portfolio, as well as their expertise, will help us on our journey to bring medicines to patients, no matter how rare their condition may be,” Chiesi Group Chief Executive Marco Vecchia said in a statement.
For first nine months of 2022, Amryt reported $188.8 million in revenue, and reaffirmed its full-year forecast for revenue of $260 million to $270 million. Its top-selling drug, Myalept or Myalepta, had third-quarter sales of $37.9 million.
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