Novo Holdings has Paratek 天美传媒apps for nearly $462m (鈧�433.67m) to bolster its antimicrobial resistance (AMR) expertise.
In June 2023, Novo Holdings announced the signing of a definitive agreement to acquire Paratek.
Paratek develops and commercialises new treatments for life-threatening ailments. Its speciality pharmaceutical platform aids in developing new therapeutics.
A lead product of the company, Nuzyra (omadacycline), is currently available in the US as a once-a-day oral and intravenous antibiotic.
The treatment is indicated for use in adult patients with community-acquired bacterial pneumonia (CABP) and acute bacterial skin and skin structure infections (ABSSSI).
Paratek is currently carrying out a Phase IIb clinical trial of Nuzyra for nontuberculous mycobacterial (NTM) pulmonary disease.
US Tariffs are shifting - will you react or anticipate?
Don鈥檛 let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe company also has a partnership agreement in place with Zai Lab for omadacycline鈥檚 development and marketing in greater China and retains all worldwide rights for ex-greater China markets.
Novo Holdings partner Aleks Engel said: 鈥淲e are committed to maintaining Paratek鈥檚 leadership in reaching patients and delivering innovative products across the globe.
鈥淲e look forward to supporting the continued growth of Nuzyra, and the expansion of Paratek鈥檚 product portfolio, including the acquisition or licensing of other therapeutics in antibiotics and beyond.鈥�
Novo Holdings is a holding and investment company that manages Novo Nordisk Foundation and healthcare investment firm Gurnet Point鈥檚 assets and wealth.
