RedHill Biopharma Files Pro Forma Financials After Talicia Joint Venture Deal With Cumberland
RedHill Biopharma completed a joint venture with Cumberland Pharmaceuticals on October 17, 2025, by selling a 30% equity stake in Talicia Holdings Inc. This deal involved Cumberland investing $4 million for joint control of THI, leading RedHill to deconsolidate THI operations and classify them as discontinued. RedHill has since filed unaudited pro forma financials to show the impact of this new financial structure and joint venture accounting on its historical results.
