What happened to La Jolla Pharmaceuticals?
Innoviva has signed a definitive merger agreement for the acquisition of all of the outstanding shares of La Jolla Pharmaceutical Company for $6.23 for each share in cash or an enterprise value of nearly $149m. As per the deal, Innoviva will acquire La Jolla through its wholly-owned subsidiary.
Where is La Jolla Pharmaceuticals located?
San Diego
La jolla Pharmaceutical is located in San Diego, California, United States .
What does La Jolla Pharmaceutical do?
La Jolla Pharmaceutical Company researches and develops specialized therapeutics for the treatment of diseases caused by antibodies. The Company is developing products to treat autoimmune conditions such as lupus and antibody-mediated stroke.
Who acquired tetraphase?
La Jolla
On July 28, 2020, La Jolla completed the acquisition of Tetraphase for $43.0 million upfront cash plus potential future cash payments of up to $16.0 million pursuant to contingent value rights (“CVRs”). Following the acquisition, Tetraphase became a wholly owned subsidiary of La Jolla.
What happened to tetraphase?
On June 24, 2020, Tetraphase terminated its previously announced merger agreement with Melinta Therapeutics, Inc., dated as of June 4, 2020, in order to enter into the definitive merger agreement with La Jolla.
What happened tetraphase pharmaceuticals?
La Jolla acquired Tetraphase for $43.0 million in upfront cash plus potential future cash payments of up to $16.0 million pursuant to contingent value rights (CVRs).
Who makes Eravacycline?
Eravacycline (TP-434, Xerava) is a synthetic halogenated tetracycline class antibiotic by Tetraphase Pharmaceuticals. It is closely related to tigecycline. It has a broad spectrum of activity including many multi-drug resistant strains of bacteria.
Is eravacycline FDA approved?
The FDA has approved eravacycline (XERAVA) for the treatment of complicated intra-abdominal infections. The US Food and Drug Administration (FDA) has approved Tetraphase Pharmaceuticals, Inc’s eravacycline, (XERAVA) for the treatment of complicated intra-abdominal infection (cIAI) in adults 18 years and older.
What type of drug is eravacycline?
Eravacycline injection is in a class of medications called tetracycline antibiotics. It works by killing bacteria that cause infection.
Does eravacycline cover MRSA?
Coverage includes all of the following: Extended-spectrum beta-lactamase (ESBLs), Carbapenem-resistant Enterobacteriaceae (CRE), Carbapenem-resistant Acinetobacter baumannii(CRAB), methicillin-resistant Staphylococcus aureus (MRSA), vancomycin-resistant Enterococci (VRE), as well as anaerobes.
Who makes eravacycline?
Does eravacycline cover Pseudomonas?
Eravacycline demonstrates broad-spectrum antimicrobial activity against Gram-positive, Gram-negative, and anaerobic bacteria with the exception of Pseudomonas aeruginosa.