Blueprint
FORM 6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For the
month of October 2016
Commission
File Number: 001-11960
AstraZeneca PLC
1
Francis Crick Avenue
Cambridge
Biomedical Campus
Cambridge
CB2 0AA
United
Kingdom
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mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
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permitted by Regulation S-T Rule 101(b)(1):
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permitted by Regulation S-T Rule 101(b)(7): ______
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in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.
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assigned to the Registrant in connection with Rule 12g3-2(b):
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AstraZeneca PLC
INDEX
TO EXHIBITS
1 AZ
completes US Aralez agreement for Toprol-XL dated 26th October 2016
31 October 2016 13:45
ASTRAZENECA COMPLETES AGREEMENT WITH ARALEZ
FOR BETA-BLOCKER MEDICINE TOPROL-XL IN THE US
AstraZeneca today announced the completion of its
agreement
with Aralez Pharmaceuticals Trading
DAC, a subsidiary of Aralez Pharmaceuticals Inc., for the rights to branded
and authorised generic Toprol-XL (metoprolol succinate) in the
US. Toprol-XL
is a beta-blocker medicine
for the control of hypertension (high blood pressure), angina
(chest pain) and heart failure, first approved in the US in
1992.
Under the agreement, AstraZeneca has received $175 million for the
rights to Toprol-XL tablets in the US, and the authorised generic
medicine marketed by Par Pharmaceuticals. Aralez will also pay
AstraZeneca up to $48 million in milestone and sales-related
payments, as well as mid-teen percentage royalties on sales. As
AstraZeneca will retain an ongoing interest in Toprol-XL in the US through the ongoing milestones,
royalties and product supply, these payments will be reported as
Externalisation Revenue in the Company's financial
statements.
About AstraZeneca
AstraZeneca is a global, science-led biopharmaceutical company that
focuses on the discovery, development and commercialisation of
prescription medicines, primarily for the treatment of diseases in
three main therapy areas - Oncology, Cardiovascular &
Metabolic Diseases and
Respiratory. The Company also is selectively active in the areas of
autoimmunity, neuroscience and infection. AstraZeneca operates in
over 100 countries and its innovative medicines are used by
millions of patients worldwide. For more information, please
visit www.astrazeneca.com and
follow us on Twitter @AstraZeneca.
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Adrian Kemp
Company Secretary, AstraZeneca PLC
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
AstraZeneca
PLC
Date:
31 October
2016.
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By: /s/
Adrian Kemp
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Name:
Adrian Kemp
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Title:
Company Secretary
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