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Cephalon buys two CTI divisions

Executive Summary

In connection with its separate purchase of Cell Therapeutics Inc.'s CTI Technologies Inc.’s leukemia drug Trisenox (arsenic trioxide), Cephalon Inc. (therapeutics for neurological diseases and cancer) has also agreed to acquire two Cell Therapeutics’ wholly-owned subsidiaries: PolaRx Biopharmaceuticals Inc. and Cell Therapeutics (UK) Ltd.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Includes Contract
    • Intra-Biotech Deal

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