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Aralez Pharma (ARLZ) Announces Completion of Toprol-XL Rights Acquisition

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Aralez Completes Acquisition Of Toprol-XL® And Its Authorized Generic From AstraZeneca

October 31, 2016 9:40 AM EDT

-Aralez Enters into Long-term Supply Agreement with AstraZeneca-

-Transaction Expected to be EBITDA Accretive and to Move Profitability Forward to 2017 on an Adjusted Basis-

MISSISSAUGA, Ontario, Oct. 31, 2016 /PRNewswire/ -- Aralez Pharmaceuticals Inc. (NASDAQ: ARLZ) (TSX: ARZ), a global specialty pharmaceutical company, today announced that its subsidiary, Aralez Pharmaceuticals Trading DAC (Aralez Ireland), has completed its acquisition of the U.S. rights to Toprol-XL® (metoprolol succinate) and its... More