M&A
confidence high
sentiment positive
materiality 0.75
Catalyst Pharma to acquire U.S. rights of FYCOMPA from Eisai for $160M upfront
CATALYST PHARMACEUTICALS, INC.
- $160M upfront at closing; potential $25M milestone if patent exclusivity extended to June 2026.
- FYCOMPA U.S. net revenues approx. $136M for Eisai fiscal year ending March 2023.
- Deal expected to be EBITDA and EPS accretive in 2023; all-cash, no financing contingencies.
- Includes exclusive option to evaluate and negotiate acquisition of a rare epilepsy pipeline asset.
- Expected close Q1 2023, subject to customary closing conditions and U.S. regulatory clearances.