August 8, 2017 / 12:10 PM / 3 months ago

BRIEF-Crescita Therapeutics announces acquisition of Alyria skincare products

Aug 8 (Reuters) - Crescita Therapeutics Inc

* Crescita Therapeutics announces acquisition of Alyria skincare products

* Crescita Therapeutics Inc - ‍Crescita purchased Alyria for cash consideration of $1.7 million​

* Crescita Therapeutics Inc - Deal ‍immediately accretive to revenue and gross margin for Crescita​

* Crescita - Deal also includes a royalty agreement based on a threshold of annual net sales of Alyria over a 9-year period starting in 2020​ Source text for Eikon: Further company coverage:

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