StockWatch
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Biotechnology: Pharmaceutical Preparations
MergerJun 23, 2026, 05:17 PM

Catalyst Pharma Merger with Angelini Pharma Gets HSR Clearance

AI Summary

Catalyst Pharmaceuticals, Inc. announced that the U.S. Federal Trade Commission (FTC) granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its merger with Angelini Pharma S.p.A. This clearance, received on June 16, 2026, removes a significant condition for the merger. The closing of the merger, which was initially announced on May 6, 2026, is now primarily subject to the adoption of the Merger Agreement by Catalyst's shareholders and other customary closing conditions. The parties anticipate the transactions to close in the third quarter of 2026.

Key Highlights

  • Merger Agreement with Angelini Pharma S.p.A. was announced on May 6, 2026.
  • Catalyst and Angelini Pharma filed HSR forms on May 20, 2026.
  • FTC granted early termination of HSR waiting period on June 16, 2026.
  • Merger closing remains subject to shareholder adoption of the Merger Agreement.
  • Transactions are expected to close in the third quarter of 2026.