AKM.RU Deals and strategy
Irish Jazz Pharmaceuticals acquires American Actio for $1.32 billion
Irish biopharmaceutical company Jazz Pharmaceuticals plc has announced its acquisition of American Actio Biosciences, Inc. for $1.32 billion. The deal involves an upfront payment of $820 million and an additional $500 million contingent on drug approval and sales milestones. Jazz will gain control of ABS-1230, a drug for a rare form of childhood epilepsy, while Actio Biosciences will …