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AstraZeneca has signed a $239million (£186 million) deal to sell a income-generating anti-psychotic drug because it bids to maneuver away from mature remedies and put money into innovation. Germany's Cheplapharm Arzneimittel purchased the rights to sell schizophrenia and bipolar medicine Seroquel and Seroquel XR in Europe and gasex generic Russia from the Anglo-Swedish pharmaceutical big. It can pay $178 million (£138 million) upfront, but the determine might rise to $239million (£186 million) primarily based on how effectively the medication promote. Seroquel is a vital established medicine and this agreement with Cheplapharm will help guarantee continued affected person entry,' mentioned Ruud Dobber, AstraZeneca's government vice president for singulair biopharmaceuticals. AstraZeneca has already bought the rights to the two variations of Seroquel within the UK, singulair Japan and elsewhere. The medicine had mixed sales of 108 million dollars (£84 million) final 12 months, AstraZeneca said. It's the second time in a month that the two corporations have reached a deal. On October 1, viagra pack-90 the AstraZeneca offered the rights to Losec to Cheplapharm for $276million (£214million). singulair