While I am sure Grunenthal want the global rights and appear to have a large sale force, I am not sure they have the financial capability to do so. Hard to tell with a private company, but they did publish the below:
https://www.grunenthal.com/-/media/projects/corporatewebsite/_shared/pdf/publications/en/grunenthal_report_2018_2019.pdf
There EBITDA quoted was 0 and they have been actively acquiring assets since 2016, feels like TEVA to me. The only way they could get the US assets IMO is a very high royalty share with very low upfront. I like J&J with their balance sheet and pain med position.
While I am sure Grunenthal want the global rights and appear to...
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