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Epileptic Seizures Treatment Market Research Scope Industry Chain Analysis & Opportunities 2020 to 2026 | Novartis AG, GlaxoSmithKline Plc, Johnson & Johnson Service, Inc. – KSU


niravFebruary 11, 2021
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Jazz Pharmaceuticals to buy GW Pharmaceuticals for US$7.2B in cash, stock - Article


Jazz Pharmaceuticals Plc has agreed to acquire GW Pharmaceuticals Plc, maker of the first drug derived from the cannabis plant to win approval in the U.S., for US$7.2 billion in cash and stock.
Under the terms of the proposed transaction, Jazz will pay US$220 per GW American depositary receipt, in the form of US$200 in cash and US$20 in Jazz common stock, according to a statement from the companies.
The price amounts to a premium of about 50 per cent over Cambridge, England-based GW’s closing price on Tuesday. GW’s U.S.-traded shares gained as much as 49 per cent in Wednesday trading, and Jazz shares rose as much as 6.1 per cent. ....

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Jazz Pharma to Buy Cannabinoid-Drug Maker for $7.2 Billion


Jazz Pharma to Buy Cannabinoid-Drug Maker for $7.2 Billion
Bloomberg
2/3/2021
Timothy Annett and Tiffany Kary
© Bloomberg
An employee inspects cannabis plants in a greenhouse in the GW Pharmaceuticals Plc facility in Sittingboune, U.K. on Monday, Oct. 29, 2018. The U.K. is the biggest producer of cannabis for medical and scientific purposes, according to the United Nations.
(Bloomberg) Jazz Pharmaceuticals Plc has agreed to acquire GW Pharmaceuticals Plc, maker of the first drug derived from the cannabis plant to win approval in the U.S., for $7.2 billion in cash and stock.
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The price amounts to a premium of about 50% over Cambridge, England-based GW’s closing price on Tuesday. GW’s U.S.-traded shares gained as much as 49% in Wednesday trading, and Jazz shares declined 3.7%. ....

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