HomeNewsGlobal Pharma

Jazz Pharmaceuticals Acquires Chimerix for USD 935 Million

Jazz Pharmaceuticals Acquires Chimerix for USD 935 Million

Jazz Pharmaceuticals plc has announced the successful completion of its acquisition of Chimerix, Inc. for approximately USD 935 million in cash. Chimerix is now a wholly owned subsidiary of Jazz.

Commenting on the development, Bruce Cozadd, Chairman and Chief Executive Officer of Jazz said, “Bringing Chimerix into Jazz adds a novel medicine to our oncology portfolio and advances our efforts to address unmet patient needs. Dordaviprone has the potential to become the first and only FDA-approved therapy for patients with H3 K27M-mutant diffuse glioma and offers a promising near-term commercial opportunity if approved.”

The addition of dordaviprone, a novel first-in-class small molecule treatment in development for H3 K27M-mutant diffuse glioma, further diversifies and adds near-term commercial opportunity to Jazz's oncology pipeline. Dordaviprone is currently under Priority Review by the US Food and Drug Administration (FDA), with a Prescription Drug User Fee Act (PDUFA) action date set for August 18, 2025. If approved in the US, the therapy may be eligible for a Rare Pediatric Disease Priority Review Voucher (PRV). Dordaviprone is also being studied in the ongoing Phase 3 ACTION trial to evaluate its use in newly diagnosed, non-recurrent H3 K27M-mutant diffuse glioma patients following radiation treatment, potentially extending its use into the first-line setting.

Read more on:
More news about: global pharma | Published by Manvi | April - 22 - 2025

Last news about this category


 

 

We use our own and third party cookies to produce statistical information and show you personalized advertising by analyzing your browsing, according to our COOKIES POLICY. If you continue visiting our Site, you accept its use.

More information: Privacy Policy

 pharmaindustrial-india.com - Professional magazine for pharma industry suppliers and lab technology - CEDRO members