Juvisé Pharmaceuticals Acquires Ponvory (ex-US/Canada) from Actelion; Bpifrance and Pemberton Invest in Juvisé
March 26, 2024
Juvisé Pharmaceuticals has acquired global commercial rights (excluding the United States and Canada) to Ponvory (ponesimod) from Actelion Pharmaceuticals Ltd., a Johnson & Johnson company. To fund the transaction, French sovereign fund Bpifrance and private credit manager Pemberton Asset Management took minority stakes in Juvisé; Juvisé will commercialize and assume manufacturing duties for Ponvory in Europe.
- Buyers
- Juvisé Pharmaceuticals, Bpifrance, Pemberton Asset Management
- Targets
- Ponvory (ponesimod) commercial rights (ex-US/Canada)
- Sellers
- Actelion Pharmaceuticals Ltd. (a Johnson & Johnson company)
- Industry
- Pharmaceuticals
- Location
- Basel-Landschaft, Switzerland
- Transaction Type
- Divestiture
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