Alora Pharmaceuticals Acquires Osmotica's Legacy U.S. Business

August 30, 2021

Alora Pharmaceuticals, LLC closed the acquisition of Osmotica Pharmaceuticals plc's legacy U.S. business (including Osmotica Pharmaceutical US LLC, Vertical Pharmaceuticals, LLC and Trigen Laboratories, LLC) and the Marietta, Georgia manufacturing facility on August 27, 2021. Osmotica received approximately $111 million in proceeds, which it said would be used to retire a substantial portion of outstanding debt and to focus the company on its ophthalmic product UPNEEQ.

Buyers
Alora Pharmaceuticals, LLC
Targets
Osmotica Pharmaceutical US LLC, Vertical Pharmaceuticals, LLC, Trigen Laboratories, LLC, Marietta, Georgia manufacturing facility (Osmotica)
Sellers
Osmotica Pharmaceuticals plc
Industry
Pharmaceuticals
Location
New Jersey, United States
Transaction Type
Divestiture

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