Middletons prescribes unique structure for pharma deal

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Australian law firm Middletons advised Generic Health on the sale of a minority stake in its business to Indian pharmaceutical company Lupin.

Generic Health, an Australian-owned generic pharmaceutical company, markets a wide range of generic prescriptions and over-the-counter products.

The sale, led by Middletons’ partner Adam Levine, was a combination of cash and “in kind” payments under a new supply agreement.

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