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DECEMBER 1, 2017

Melinta Therapeutics Acquires Infectious Disease Business From The Medicines Company

Melinta Therapeutics Inc., a commercial-stage company developing and commercializing novel antibiotics to treat serious bacterial infections, will acquire the infectious disease business from The Medicines Company for $165 million plus shares of its stock. 

The acquisition includes three marketed products: recently approved and launched vaborbactam-meropenem (Vabomere), and established commercial products oritavancin (Orbactiv) and minocycline (Minocin IV).

The deal was unanimously approved