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Mayne Pharma Launches Legal Battle Over Failed Cosette Acquisition
9:48am on Wednesday 18th of February, 2026 AEDT
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Healthcare
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Mayne Pharma Launches Legal Battle Over Failed Cosette Acquisition
9:48am on Wednesday 18th of February, 2026 AEDT
Key Points
Mayne Pharma sues Cosette and partners for breach of acquisition agreement
Legal action filed in Supreme Court of New South Wales
Claims include inducement of breach against Avista and CEO David Burgstahler
Damages sought on behalf of Mayne Pharma and its shareholders
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MAYNE PHARMA (ASX:MYX)
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