Yesterday Jazz Pharmaceuticals reported it has agreed to acquire EUSA Pharma, a privately-held, specialty pharmaceutical company with headquarters in the United States and United Kingdom, for $650 million in cash and a potential $50 million milestone payable in cash based upon its lead product, Erwinaze(TM) (asparaginase Erwinia chrysanthemi), achieving a specified U.S. net sales target in 2013.
Jazz Pharmaceuticals plc is a specialty biopharmaceutical company
focused on improving patients' lives by identifying, developing and
commercializing products that address unmet medical needs. The company
has a diverse portfolio of products in the areas of narcolepsy, pain,
psychiatry and women's health. The company's marketed products in these
areas include: Xyrem® (sodium oxybate), Prialt® (ziconotide intrathecal
infusion), FazaClo® (clozapine USP) HD and LD, Luvox CR® (fluvoxamine
maleate) and Elestrin® (estradiol gel 0.06%). Research biotech stocks at Investorideas.com with the global stock directory of biotech and pharma stocks on the TSX, OTC, NASDAQ, NYSE and other leading exchanges http://www.investorideas.com/ BIS/Stock_List.asp
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