ARTICLE | Financial News

moksha8 raises $61M, partners with Watson

October 4, 2010 11:49 PM UTC

moksha8 Pharmaceuticals Inc. (Sao Paulo, Brazil) raised $61 million in a series D round and partnered to commercialize products from Watson Pharmaceuticals Inc. (NYSE:WPI) in Brazil and Mexico. Watson led the financing with a $30 million investment. Existing investors TPG Biotechnology and Montreux Equity also participated. moksha8 gained exclusive rights in Brazil and Mexico to market about 12 undisclosed products from Watson, with an opportunity to market additional products in the future. ...