Monday, March 28, 2022

Eagle Pharmaceuticals Agrees to Acquire Acacia Pharma Group plc

 

  • Expects to add two U.S. Food and Drug Administration (“FDA”)-approved, new chemical entities (“NCEs”) with patent life into 2031 and expand acute care footprint

  • Commercialized assets, BARHEMSYS® (amisulpride for injection) and BYFAVO® (remimazolam for injection), represent a strong strategic fit with Eagle’s specialized hospital-based salesforce

  • Addressable market for the two products combined is estimated to be $3.1 billion per year1

  • Anticipates significant financial synergies from the proposed transaction

  • Company to hold investor conference call to discuss proposed transaction on Thursday, March 31, 2022, at 8:30am ET

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