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Aspen Sells European Ovestin Rights, Retains Supply Role

Aspen Ovestin sale will raise €197m while preserving a manufacturing role. Explore the deal terms and implications for its portfolio strategy.
Aspen Ovestin sale transfers European commercial rights to Ennogen while retaining manufacturing and supply
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The Aspen Ovestin sale will transfer European commercial rights to Ennogen Healthcare International for €197 million, while Aspen retains manufacturing and supply contracts.

Wholly owned subsidiary Aspen Global will sell the commercialisation rights and associated intellectual property. The price equates to approximately R3.7 billion, with related inventory adding an estimated €4 million.

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