On 14 February, Actelion announced its financial full year 2016 results.
Find information on this page to help you with your article.
“With Johnson & Johnson’s proposed acquisition of Actelion and the spin-out of a new R&D company, we have created unprecedented value for all of our stakeholders. Our current PAH portfolio and our late-stage pipeline will have expanded potential as part of Johnson & Johnson. With the creation of a new R&D company we also have the opportunity to realize the value potential we have created with our discovery engine and early-stage pipeline. I am very proud of what we’ve achieved, and I am very excited about the challenges and opportunities ahead.”
“The significant clinical utility of Opsumit resulted in continued strong patient uptake with more than 21,000 patients currently receiving therapy. Moreover, after just one year on the US market, we can say that the Uptravi launch has been very successful by any standards, proving the high unmet medical need for oral prostacyclin therapy and validating our commercial strategy. I strongly believe that, as a part of the Johnson & Johnson family of companies, we will be able to serve even more patients by opening new markets and creating additional opportunities for our products.”
“Actelion’s 2016 performance has been impressive with the company delivering record sales and earnings. The proposed transaction with Johnson & Johnson announced on 26 January will enable Actelion shareholders to not only monetize their holdings at 280 US dollars per share but also retain future upside potential with the distribution of 1 share in the newly created R&D company for every Actelion share. Both companies are now working to finalize the operational and financial details of the split and prepare the listing of the new company.”