
16:05 ET Jazz Pharmaceuticals Completes Acquisition of Chimerix

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Jazz Pharmaceuticals has completed its acquisition of Chimerix for approximately $935 million in cash. This acquisition enhances Jazz's oncology pipeline with dordaviprone, a potential first FDA-approved therapy for H3 K27M-mutant diffuse glioma. The drug is under Priority Review by the FDA, with a decision expected by August 18, 2025. The merger makes Chimerix a wholly owned subsidiary of Jazz, which aims to leverage its capabilities to deliver this therapy to patients soon. Jazz is committed to developing innovative treatments for serious diseases.
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