Endo Inc. Completes Sale of International Pharmaceuticals Business to Knight Therapeutics for Up to $105 Million

Reuters
2025/06/17
Endo Inc. Completes Sale of International Pharmaceuticals Business to Knight <a href="https://laohu8.com/S/LENZ">Therapeutics</a> for Up to $105 Million

Endo Inc. has announced the completion of its divestiture of the International Pharmaceuticals business, primarily operated through Paladin Pharma Inc. in Canada, to Knight Therapeutics Inc. The deal, previously announced, has now been finalized with a total cash consideration of up to approximately $105 million. This includes about $79 million paid at closing and an additional $11 million related to certain permitted holdbacks. Up to $15 million in future payments are also possible, contingent upon meeting specific milestones. The company announced the completion of this transaction on June 17, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Endo Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH11991) on June 17, 2025, and is solely responsible for the information contained therein.

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