Jazz Pharmaceuticals Announces Acquisition of Cavion, Inc. - Seite 2

"Jazz shares Cavion's passion to develop differentiated therapies for patients," said Andrew Krouse, president and chief executive officer of Cavion, Inc.  "We believe that Jazz Pharmaceuticals' development and commercial expertise will help realize the value of CX-8998 as a treatment for patients with essential tremor." 

Cavion has appointed Fortis Advisors LLC as the shareholder representative.  Cavion registered shareholders with questions regarding payment for Cavion stock should contact [e-mail].

Advisors
Jazz Pharmaceuticals' legal advisor for the transaction was Hogan Lovells.

Cavion's financial advisor for the transaction was MTS Health Partners, L.P., its legal advisor was Cooley LLP and its strategic advisor was Pilot Health Advisors, LLC.

Jazz Pharmaceuticals Conference Call Details
Jazz Pharmaceuticals will host an investor conference call and live audio webcast on Monday, August 12, 2019 at 5:00 p.m. EDT/10:00 p.m. IST to discuss the acquisition.  The live webcast may be accessed from the Investors section of Jazz Pharmaceuticals' website at www.jazzpharmaceuticals.com.  Please connect to the website prior to the start of the conference call to ensure adequate time for any software downloads that may be necessary.  Investors may participate in the conference call by dialing [phone] in the U.S., or [phone] outside the U.S., and entering passcode 3763956. 

A replay of the conference call will be available through August 19, 2019 by dialing [phone] in the U.S., or [phone] outside the U.S., and entering passcode 3763956.  An archived version of the webcast will be available for at least one week in the Investors section of Jazz Pharmaceuticals' website at www.jazzpharmaceuticals.com.

About CX-8998
CX-8998 is a first-in-class T-type calcium channel modulator and is the most advanced late-stage small molecule currently in development for essential tremor.  CX-8998 was evaluated in the T-CALM Study, a Phase 2 double-blind, placebo-controlled clinical study of 95 patients with essential tremor conducted at 25 sites across the United States.  Patients were randomized to one of two treatment arms, receiving either placebo or CX-8998.  Results from the Phase 2 study were presented at the American Academy of Neurology in May 2019¹.  (NCT03101241)