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Treasurer Flags National Interest Risks Over Mayne Pharma Deal
10:13am on Friday 31st of October, 2025 AEDT
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Pharmaceuticals
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Treasurer Flags National Interest Risks Over Mayne Pharma Deal
10:13am on Friday 31st of October, 2025 AEDT
Key Points
Treasurer’s preliminary view opposes Cosette’s acquisition on national interest grounds
Concerns focus on potential closure of Mayne Pharma’s Adelaide manufacturing facility
Mayne Pharma disputes commercial rationale for site closure, citing recent investments
Cosette yet to secure Treasurer’s approval; FIRB deadline extended to December
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