Angelini Pharma Acquires Catalyst Pharmaceuticals for $4.1 Billion

May 7, 2026

Angelini Pharma S.p.A. has entered into a definitive agreement to acquire Catalyst Pharmaceuticals, Inc. in an all-cash transaction valued at approximately $4.1 billion. Angelini will pay $31.50 per share and the deal is expected to close in the third quarter of 2026, subject to regulatory approvals and Catalyst stockholder approval.

Buyers
Angelini Pharma S.p.A., Blackstone funds, CDP Equity, BNP Paribas
Targets
Catalyst Pharmaceuticals, Inc.
Industry
Pharmaceuticals
Location
Florida, United States
Transaction Type
Buyout

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