Jazz Pharma Bagged Promising Blood Cancer Drug from Celator Takeover - PowerPoint PPT Presentation

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Jazz Pharma Bagged Promising Blood Cancer Drug from Celator Takeover

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The strategic alliance from the $1.5 billion takeover of US based Celator Pharmaceuticals by Ireland based Jazz Pharmaceuticals will add promising VYXEOS™ into their portfolio. – PowerPoint PPT presentation

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Title: Jazz Pharma Bagged Promising Blood Cancer Drug from Celator Takeover


1
Jazz Pharma Bagged Promising Blood Cancer Drug
from Celator Takeover
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  • The strategic alliance from the 1.5
    billion takeover of US based Celator
    Pharmaceuticals by Ireland based Jazz
    Pharmaceuticals will add promising VYXEOS into
    their portfolio.

3
  • Dublin headquartered Jazz Pharmaceuticals will
    acquire the Celator Pharmaceuticals for 30.25
    per share in cash or around 1.5 billion. VYXEOS
    (CPX-351) is an investigational candidate of
    Celator for the treatment of a rare blood cancer,
    acute myeloid leukemia (AML).

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  • Celator have not earned revenue till now but its
    promising drug VYXEOS promises huge earnings for
    the acquirer. VYXEOS received Breakthrough
    Therapy designation from US FDA and Orphan Drug
    designation from US FDA and European Commission
    for the treatment of AML which will provide the
    company a long period of market exclusivity.

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  • Jazz Pharmaceuticals has the US FDA approved
    narcolepsy drug, Xyrem. During the fiscal year
    2015, Xyrem brought 955 million for the company
    spiking the companys annual revenue growth by
    around 23. From its oncology portfolio, Jazz
    sells Erwinaze for the treatment of rare blood
    cancer, acute lymphoblastic leukemia (ALL) and
    Defitelio to treat rare and fatal complication of
    stem cell transplants in cancer patients.

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  • Now the addition of VYXEOS will broaden Jazzs
    oncology portfolio. Jazz will get worldwide
    development and commercialization rights
    of VYXEOS.

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  • The market value of Jazz is about 9 billion and
    approximately 1 billion in cash as of March 31.
    The acquisition of Celator will likely fasten the
    earning per share initiating in 2018. Transaction
    is expected to close in the third quarter of
    2016.

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  • Apart from adding a new orphan product which will
    help in the generation of short and long term
    revenue, the acquisition will also support the
    expansion of its international commercial
    platform.

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  • To Know More Update, Visit Us

http//medgenera.com/
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