Pharma BD Deal Intelligence

Jazz Pharmaceuticals PLC / Chimerix, Inc.

2025 · Acquisition/Merger · $935M · Complete

Outcome grade pending — assessed 5 years post-close.

Full analysis, sources & comparables →

The coverage arc

Mar 05, 2025 BioPharma Dive Bullish

Jazz Pharmaceuticals announced on March 5, 2025, an agreement to acquire Chimerix. Per deal terms, Chimerix investors will receive $8.55 a share, a 72% premium…

Mar 05, 2025 Fierce Pharma — Jazz/Chimerix Neutral

Jazz Pharmaceuticals is bolstering its oncology portfolio with the $935 million purchase of Chimerix and its experimental brain cancer drug dordaviprone.…

Aug 06, 2025 FDA drug approval notice — dordaviprone Bullish

On August 6, 2025, the Food and Drug Administration granted accelerated approval to dordaviprone (Modeyso, Jazz Pharmaceuticals, Inc.) for adult and pediatric…

Source summaries from our enrichment pipeline; follow links for originals.

All 13 sources with sentiment breakdown →

Jazz Pharmaceuticals acquired Chimerix for $8.55/share in cash, total equity value ~$935M, via a tender offer (expired April 17, 2025) followed by a merger that COMPLETED April 21, 2025, making Chimerix a wholly owned subsidiary. The deal's lead asset was dordaviprone, a first-in-class oral small molecule (ClpP agonist / DRD2 antagonist) for H3 K27M-mutant diffuse midline glioma, then under FDA Priority Review. The thesis delivered: on August 6, 2025 the FDA granted accelerated approval to dordaviprone as MODEYSO -- the first and only therapy for recurrent H3 K27M-mutant diffuse midline glioma (adult and pediatric >=1 yr, progressive disease after prior therapy), based on a pooled ORR of up to ~30% across five trials. The approval carried a Rare Pediatric Disease Priority Review Voucher (issued per Federal Register Aug 28, 2025), which Jazz sold for $200M (disclosed at JPM, January 2026) -- a material post-close value realization on top of the asset itself.

Key facts

Related deals — scored

DealYearValueOutcome
Jazz Pharmaceuticals PLC / Chimerix, Inc. (this deal)2025$935M
Jazz Pharmaceuticals PLC / GW Pharmaceuticals2021$7.2B77
Jazz Pharmaceuticals PLC / Celator Pharmaceuticals2016$1.5B73
Jazz Pharmaceuticals PLC / AbCellera Biologics Inc.2026$848M50
AstraZeneca PLC / Daiichi Sankyo Company, Limited2019$6.9B100
Novartis AG / Endocyte, Inc.2018$2.1B96
Astellas Pharma Inc. / Seagen Inc.2009$4.5B95

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →