JAZZ

Why Celator Pharmaceuticals Shares Are Skyrocketing Today

Take Long View

Meanwhile Jazz's investors should also benefit over time since all signs point to Vyxoes being a winner. Jazz is also in a great position to launch the drug quickly should it win approval since it already has most of the commercial infrastructure in place to support a launch in the oncology space. Vyxeos also looks like a nice fit within the company's orphan disease focus, and with some industry experts forecasting that sales could grow to $900 million by 2020, it doesn't look like Jazz is overpaying.

Roughly 18.4% of Celator's shareholders have already agreed to the deal, which includes the company's executive officers and members of its board of directors, so the odds of the deal winning shareholder approval look quite high.

Jazz's shares currently trading hands for under 12 times next year's earnings estimates. If you believe this deal was a smart long-term move, it could be a good time to pick up a few shares.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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