Divestiture • Life Science

EpiCept Acquires Cytovia

On January 4, 2006, EpiCept acquired life science company Cytovia from Maxim Pharmaceuticals

Acquisition Context
  • This is EpiCept’s 1st transaction in the Life Science sector.
  • This is EpiCept’s 1st transaction in the United States.
  • This is EpiCept’s 1st transaction in California.

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M&A Deal Summary

Date January 4, 2006
Target Cytovia
Sector Life Science
Buyer(s) EpiCept
Sellers(s) Maxim Pharmaceuticals
Deal Type Divestiture

Target Company

Cytovia

Irvine, California, United States
Commercializes a patented drug screening technology through partnerships with large pharmaceutical companies and clinical testing service companies. Cytovia was acquired by Maxim Pharmaceuticals, Inc. in June 2000.
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Buyer Overview 1

Buyer

EpiCept

Tarrytown, New York, United States

Category Company
Founded 1993
Sector Medical Products
Employees4
DESCRIPTION

EpiCept Corporation, a specialty pharmaceutical company, focuses on the clinical development and commercialization of pharmaceutical products for the treatment of pain and cancer.


Deal Context for Buyer #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2006 1 of 1

Seller Profile 1

SELLER

Maxim Pharmaceuticals

San Diego, California, United States

Category Company
Sector Medical Products
DESCRIPTION

Maxim Pharmaceuticals, Inc., a biopharmaceutical company, develops cancer therapeutics.


Deal Context for Seller #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2006 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-16 Cytovia

Irvine, California, United States

Commercializes a patented drug screening technology through partnerships with large pharmaceutical companies and clinical testing service companies. Cytovia was acquired by Maxim Pharmaceuticals, Inc. in June 2000.

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