Merger With Cempra Takes Melinta Public, Will Help Launch Baxdela
In all-stock transaction, troubled Cempra will merge with privately held Melinta to create a fully integrated anti-infectives company.
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CEO Daniel Wechsler talked with Scrip about being a pure-play specialist in the challenging antibiotics market, following the acquisition of The Medicines Co.'s anti-infectives franchise and a reverse merger with Cempra last year.
A transaction bringing newly public Melinta three anti-infective products and a related sales force from The Medicines Co. will enable the latter to downsize and focus on its Phase III PCSK9 inhibitor inclisiran.
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