Industry news
Jazz Pharma to buy Celator Pharma for $1.5 billion and with it Vyxeos
Jazz Pharmaceuticals plc and Celator Pharmaceuticals, Inc. announced that they have entered into a definitive agreement for Jazz Pharmaceuticals to acquire Celator for $30.25 per share in cash, or approximately $1.5 billion. The transaction with Celator is well-suited to advance Jazz Pharmaceuticals' growth strategy.
�Vyxeos is the first product candidate to demonstrate a statistically significant improvement in Overall Survival in patients with high-risk (secondary) AML
�FDA Breakthrough Therapy designation granted for Vyxeos.
� FDA and European Commission Orphan Drug designation for Vyxeos for the treatment of AML
� Vyxeos is an innovative product candidate based on the Celator CombiPlex platform