BRIEF-Cipher Pharmaceuticals announces sale of U.S. Commercial assets to EPI Group

May 1 (Reuters) - Epi Holdings Ltd

* Cipher pharmaceuticals announces sale of u.s. Commercial

assets to epi group

* Cipher pharmaceuticals inc - epi acquired substantially

all assets of cipher us for cash consideration of us$13.6

million

* Cipher pharmaceuticals inc - deal includes a regulatory

milestone of us$0.75 million if certain predefined conditions

are achieved

* Cipher pharmaceuticals inc - transaction does not include

or impact cipher's licensing business in u.s

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