With Valchlor US win, Actelion to move forward on Ceptaris buy

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.

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...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Anticancer

J&J’s Trispecific Antibody For Myeloma Offers Improved Safety, Potency Over Bispecifics

 

The drugmaker presented data from its Phase I study of JNJ-79635322 at ASCO and EHA showing a 100% response rate in BCMA- and GPRC5D-naïve patients.

ASCO: Pushing The Frontiers Of ADCs

 

Antibody-drug conjugates are a major part of the oncology pipeline, and data presented at the American Society of Clinical Oncology meeting highlight the emergence of new technologies.

Immuneering Could Partner Atebimetinib Or Go It Alone After Phase IIa Success

 

CEO Ben Zeskind said all options are on the table after atebimetinib showed impressive results in pancreatic cancer.

Enliven Raises $230m To Fund Scemblix Leukemia Challenger

 

The company believes its drug could eventually displace Novartis’s Scemblix in first-line chronic myeloid leukemia treatment, but for now is preparing for a second-/third-line pivotal study.

More from Therapy Areas

Scholar Rock Shows Muscle-Building PoC In Obesity

 

The company said it intends to maintain a focus on rare neuromuscular disease with apitegromab but could consider partnering in obesity.

Spyre Takes Aim At Roche And J&J In Inflammatory Diseases

 

The US firm was already looking to compete in ulcerative colitis, but now expands its ambitions by moving into rheumatoid arthritis as well.

Draig Is All Fired Up To Transform Neuropsychiatric Field

 
• By 

Wales-based group launches with $140m series A.