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New EUSA emerges from Jazz Pharma

Read time: 1 mins
Last updated:8th Apr 2015
Published:8th Apr 2015
Source: Pharmawand

EUSA Pharma, a newly-established profitable specialty pharmaceutical business with global reach, had its official launch following the acquisition of five approved specialty hospital products, a multi-national commercial infrastructure and the EUSA Pharma brand name from Jazz Pharmaceuticals plc. The new company is led by Chief Executive Bryan Morton, who has over 30 years’ healthcare industry experience and previously founded two specialty pharmaceutical companies including the original EUSA Pharma business that was acquired by Jazz in 2012. The newly-established EUSA is supported by significant funding raised from leading healthcare growth equity investor Essex Woodlands, and the company has ambitious plans to accelerate its growth through acquisition and in-licensing. EUSA Pharma has commercial operations in the United States and key European markets, and a global distribution network serving approximately 40 other territories. The company has a portfolio of five approved and several named-patient specialty products, which had annual sales of approximately $27 million in 2014. EUSA is working closely with Jazz to provide a smooth transition of the products to ensure that patients will continue to receive their treatments.

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