Durata Therapeutics, Inc. | |
Fate: | Acquired by Actavis (now Allergan) |
Industry: | Pharmaceutical industry |
Location: | Morristown, New Jersey |
Durata Therapeutics was a clinical development stage company in the pharmaceutical industry which focused on the treatment of infections. On November 17, 2014, the company was acquired by Actavis (now Allergan) for $675 million.
On December 21, 2009, the company acquired Vicuron Pharmaceuticals and its drug candidate, dalbavancin, a long-acting semisynthetic lipoglycopeptide antibiotic, from Pfizer and commenced operations.[1]
On April 19, 2011, the company initiated Phase III studies of dalbavancin for intravenous (IV) treatment of acute bacterial skin and skin structure infections.[2]
In 2012, the company moved its global headquarters from Morristown to Chicago and received $2 million in tax credits.[3]