AstraZeneca complete sale of Aptium Oncology

Pharmatimes have reported that AstraZeneca has completed the sale of its subsidiary Aptium Oncology

Aptium Oncology been a non-core business of AZ and provides outpatient oncology management and consulting services in the USA.  It manages outpatient cancer centres in affiliation with five hospitals in California, Florida, New Jersey and New York.

AstraZeneca says it has now decided to transfer ownership of these cancer centres to each of the hospitals after discussions that have been held over the last several months. No financial details have been disclosed but Aptium generated revenues of $224 million in 2011.

 

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