Stifel Downgrades Celator Pharmaceuticals (CPXX) to Hold

Go back to Stifel Downgrades Celator Pharmaceuticals (CPXX) to Hold

Jazz Pharma (JAZZ) Confirms Agreement to Acquire Celator Pharma (CPXX) for $30.25/Share, or ~$1.5B

May 31, 2016 5:53 AM EDT

Jazz Pharmaceuticals plc (Nasdaq: JAZZ) and Celator Pharmaceuticals, Inc. (Nasdaq: CPXX) today announced that they have entered into a definitive agreement for Jazz Pharmaceuticals to acquire Celator for $30.25 per share in cash, or approximately $1.5 billion.

The transaction with Celator is well-suited to advance Jazz Pharmaceuticals' growth strategy.

VYXEOS is the first product candidate to demonstrate a statistically significant improvement in Overall Survival in patients with high-risk (secondary) AML1U.S.... More

Celator Pharma (CPXX) Near Deal to be Acquired by Jazz Pharma (JAZZ) - WSJ

May 30, 2016 10:44 PM EDT

Jazz Pharmaceuticals (NASDAQ: JAZZ) is near a deal to acquire Celator Pharmaceuticals (NASDAQ: CPXX) for about $1.5 billion, the Wall Street Journal reported late Monday citing people familiar with the matter.

A deal for Celator,... More