Cosette Pharmaceuticals Acquires Ambien® and Ambien CR® (Zolpidem Tartrate) Tabs from Sanofi US in the US Market
July 10 2024 - 8:00AM
Business Wire
Seamless Transition Ensures Continued Supply
for Patients Who Depend on Ambien®
Acquisition Builds on Cosette’s Leading
Expertise in Carving Out Critical Drugs from Global Pharma
Companies
Cosette Pharmaceuticals, Inc. (“Cosette”), a US-based specialty
pharmaceutical company, has completed the acquisition of Ambien®
and Ambien CR® in the United States from Sanofi US.
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Ambien (Photo: Business Wire)
“We are excited at the addition of Ambien to our portfolio,”
stated Apurva Saraf, President and CEO of Cosette. “We continue to
leverage our demonstrated, best-in-class capabilities in executing
complex carve-outs and integrating diverse products. This
acquisition not only strengthens our product portfolio but also
reaffirms our commitment to ensuring high-quality products continue
to remain available to patients worldwide."
According to IQVIA®, U.S. annual sales for Ambien® and Ambien®
CR for the 12 months ended April 2024 were $39 million.
Cosette has a history of successfully acquiring or carving-out
and integrating products from companies across Japan, Europe, and
the USA. Our strategic approach and deep industry expertise help us
make divestiture and product transition seamless, ensuring
uninterrupted access to critical medicines for millions of
patients.
Patients and providers can learn more about Ambien® and Ambien
CR®, including Important Safety Information, at www.ambien.com
About Cosette Pharmaceuticals:
Cosette Pharmaceuticals, Inc. (“Cosette”) is a US-based, fully
integrated pharmaceutical company with a fast-growing portfolio of
branded pharmaceuticals consisting of products in women’s health,
cardiology and dermatology. Cosette has a long history in quality
manufacturing of complex dosage forms including topical creams,
ointments, oral liquids/solutions and suppositories. Cosette has
corporate and manufacturing facilities in New Jersey and North
Carolina and is supported by 300+ dedicated employees across all
functional areas. Cosette is backed by Avista Capital Partners, a
healthcare focused private equity firm.
Visit www.cosettepharma.com and follow us on LinkedIn.
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Business Development: bd@cosettepharma.com Commercial:
sales@cosettepharma.com