Tap to enable a layout that focuses on the article.
Advertisement

Xcel Acquires Rights for 2 Migraine Drugs

Associated Press

Xcel Pharmaceuticals Inc. said it has acquired U.S. rights for two prescription drugs used to treat migraine headaches.

The San Diego-based company acquired the rights to Migranal Nasal Spray, which is patented until December 2009, and DHE 45 Injection, a standard treatment for migraine, from East Hanover N.J.-based Novartis Pharmaceuticals Corp. Terms of the deal were not disclosed, but Xcel said it raised $22.5 million to help it acquire the rights.

Inside the business of entertainment

The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.

Advertisement
Advertisement