Jazz Nabs Novel Narcolepsy Drug From Sumitomo

And Diversifies Portfolio

The Ireland-headquartered firm will advance the candidate into US and EU narcolepsy studies as part of its pipeline diversification project as portfolio products are set to lose their patent exclusivity.  

People With Narcolepsy Can Suddenly Fall Asleep During The Day • Source: Alamy

Jazz Pharmaceuticals plc has acquired near-global rights to a promising narcolepsy candidate from Japan’s Sumitomo Pharmaceuticals Europe Ltd., paying $50m upfront at a time when some of its biggest sellers face imminent generic competition.

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