Cubist Pharmaceuticals, Inc.
Cubist Pharmaceuticals to Acquire Calixa Therapeutics
Published in Healthcare Mergers, Acquisitions and Ventures Week, January 2nd, 2010
Cubist Pharmaceuticals, Inc. (NASDAQ: CBST) a leading acute care therapeutics company, announced the signing of a definitive agreement under which Cubist has agreed to acquire privately held Calixa Therapeutics Inc., a biopharmaceutical company focused on the development of novel antibiotics that address the expanding problem of multi-drug resistant Gram-negative pathogens. The Boards of Directors of each company have unanimously approved the agreement. Subject to obtaining requisite consents and other conditions, the acquisition is expected to close in the fourth quarter of 2009.
Calixa's lead compound, CXA-201 is an intravenously administered combination of Calixa's...
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