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flag Apotex acquires rights to distribute testosterone therapy Nebido in Canada for male hypogonadism.

flag Grünenthal has licensed exclusive rights to distribute Nebido®, a long-acting testosterone therapy, in Canada to Apotex, Canada’s largest pharmaceutical company. flag Apotex’s Searchlight Pharma will seek regulatory approval and market the drug for male hypogonadism, a condition affecting many men over 50 that often goes untreated. flag The deal includes upfront and milestone payments for Grünenthal, plus a share of sales. flag It expands Apotex’s specialty care portfolio and strengthens Grünenthal’s global reach, building on an existing collaboration.

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