As investors fret about Xyrem durability, Jazz spends $52M+ upfront to swallow neuro-focused biotech

As investors fret about Xyrem durability, Jazz spends $52M+ upfront to swallow neuro-focused biotech

Source: 
Endpoints
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With investors getting jittery about the durability of Jazz Pharma’s cash-cow Xyrem, the specialty biopharmaceutical drugmaker is expanding its portfolio with the purchase of Cavion, a biotechnology company focused on rare, chronic neurological diseases.