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Sun Pharma to Acquire Concert Pharmaceuticals for $576M Upfront

January 19, 2023

Sun Pharmaceutical Industries and Concert Pharmaceuticals, Inc. entered a definitive agreement under which Sun Pharma will acquire Concert through an upfront payment of $576 million. Concert stockholders will also receive up to an additional $3.50 per share of common stock in cash, payable upon deuruxolitinib achieving certain sales milestones.

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