Mission Statement
Celtic Pharma’s mission is to be the premier global private equity firm focused on pharmaceuticals and biological drugs.
Celtic seeks to:
- Acquire ownership or controlling stakes in differentiated and commercially attractive pharmaceutical products in the late stages of clinical and regulatory development;
- Build real value with these assets by driving them through the final stages of the drug approval process, employing its in-house “virtual pharma” model of drug development infrastructure; and
- Achieve extraordinary returns for its investors by monetizing these important and innovative drugs as launch-ready assets through transactions with major pharmaceutical companies, the larger biotechnology companies and/or the capital markets.
Recent Highlights
| 12.04.07: | Celtic Pharma Reports Data Presented at Society for Neuro-Oncology Annual Meeting and Provides Update on XERECEPT® Clinical Program Read the full press release |
| 10.29.07: | Celtic Pharma completes rapid enrollment in Phase IIB study for TA-NIC, the nicotine vaccine for smoking cessation Read the full press release |
| 10.15.07: | Celtic Pharma Announces Initiation of Phase II Clinical Trial for TDT-067, a Treatment for Onychomycosis Read the full press release |
| 09.06.07: | Celtic Pharma portfolio company, IDEA AG, signs major licensing agreement with Alpharma Inc. Read the full press release |
| 06.05.07: | Celtic Pharma and Neurobiological Technologies report Updated results from Long-term open-label extension study for Xerecept, and its clinical development status. Read the full press release |
| 04.30.07: | Celtic Pharma receives IND approval to initiate a large randomized study in the US for TA-NIC, its immunotherapy vaccine for the treatment of smoking cessation. Read the full press release |
| 02.07.07: | Celtic Pharma raises $156 million in debt bringing total capital to over $400 million. Read the full press release |
| 02.07.07: | Celtic Pharma announces the termination of trial KSB311R/CIII/001 of its investigational new drug TransMID™ Read the full press release |
