Add-on Acquisition • Life Science

Currax Pharmaceuticals Acquires Pernix Therapeutics Holdings

On May 1, 2019, Currax Pharmaceuticals acquired life science company Pernix Therapeutics Holdings for 76M USD

Acquisition Context
  • This is Currax Pharmaceuticals’ 1st transaction in the Life Science sector.
  • This is Currax Pharmaceuticals’ largest (disclosed) transaction.
  • This is Currax Pharmaceuticals’ 1st transaction in the United States.
  • This is Currax Pharmaceuticals’ 1st transaction in New Jersey.

Explore All 3115 Add-on Acquisition Life Science Deals - Search the Database Free


M&A Deal Summary

Date May 1, 2019
Target Pernix Therapeutics Holdings
Sector Life Science
Buyer(s) Currax Pharmaceuticals
Deal Type Add-on Acquisition
Deal Value 76M USD
Advisor(s) Guggenheim Securities
Ernst & Young Capital Advisors (Financial)
Davis Polk & Wardwell (Legal)

Target Company

Pernix Therapeutics Holdings

Morristown, New Jersey, United States
Pernix Therapeutics Holdings, Inc. is a pharmaceutical company developing branded and generic pediatric products. Pernix Therapeutics was founded in 1996 and is based in Morristown, New Jersey.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Currax Pharmaceuticals

Morristown, New Jersey, United States

Category Company
Sector Life Science
DESCRIPTION

Currax Pharmaceuticals LLC is a specialty pharmaceutical business focused on acquiring and commercializing prescription drugs within the U.S. market. Currax distributes a range of both Branded and generic pharmaceutical products, including Silenor®, Treximet®, Zohydro® ER with BeadTek® and the authorized generic of Treximet®.


Deal Context for Buyer #
Overall 1 of 2
Sector: Life Science 1 of 2
Type: Add-on Acquisition 1 of 2
State: New Jersey 1 of 1
Country: United States 1 of 2
Year: 2019 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-27 Nalpropion Pharmaceuticals

San Diego, California, United States

Nalpropion Pharmaceuticals, Inc. is a biopharmaceutical company focused on the treatment of weight loss. Nalpropion Pharmaceuticals was formed in 2018 and is based in San Diego, California.

Buy -