The London-based firm launched last year has acquired Noden, which will serve as a buy-and-build platform

Private equity firm Stanley Capital has acquired Dublin-headquartered pharmaceuticals company Noden Pharma from US-listed PDL BioPharma. The total value of the transaction, set to close in August, will result in payments to PDL of up to $48.25m in cash, the company said in a statement.

Noden focuses on acquiring prescription medicines across a broad range of therapeutic areas in international markets. Founded in 2016, it specialises in the cardiovascular space, serving patients who are intolerant to mainstream treatments.

Stanley Capital buys Irish pharma company to consolidate the market

Elisângela Mendonça

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