RedHill Biopharma Divests Talicia to Apotex in $18 Million Deal

The agreement includes potential performance-based windfalls, with RedHill eligible for up to $35 million in additional payments tied to worldwide net sales milestones. This sale marks a decisive shift for the firm, which is looking to shed legacy assets to fund an aggressive expansion of its commercial franchise. Apotex, having already secured the remaining 30% stake in the drug through its acquisition of Cumberland Pharmaceuticals' branded business, now holds full control over the treatment for H. pylori infection.

Dror Ben-Asher, CEO of RedHill, noted that the capital injection is essential for scaling the company's existing GI portfolio. While the firm continues to advance a pipeline that includes treatments for inflammatory and infectious diseases, the divestment signals a clear intent to prioritize high-growth assets over established, shared-ownership stakes.