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Cardiome acquires Artesian Therapeutics

Executive Summary

Cardiome Pharma (developing therapeutics for atrial arrhythmia and congestive heart failure (CHF)) has acquired fellow cardiovascular company Artesian Therapeutics for payments that include earnouts of up to $32mm for each of Artesian's first two compounds to reach NDA approval.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
      • Bioinformatics
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Includes Earnout
    • Intra-Biotech Deal

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