In bringing Valchlor (mechlorethamine) across the FDA finish line on 26 August, Ceptaris held up its end of a merger deal with Swiss drug maker Actelion, which late last month put up $25m to buy the Malvern, Pennsylvania-based specialty pharma, with a pledge to pay another $225m if certain other conditions were met, including having that US drug approval in hand.
The FDA has given its blessing for Valchlor to be marketed in the US as a once-a-day treatment for stage...