Jazz Pharmaceuticals Said to Explore Options Including Sale (4)

Jazz Pharmaceuticals Plc is exploring strategic options including a potential sale, people with knowledge of the matter said.

The company is speaking with advisers to help field interest, said the people, who asked not to be identified because the information is private. Jazz Pharma is also studying possibilities that might include a breakup or divestment of parts of the business, the people said.

Separating its cannabinoid business from its oncology operations is one of the possibilities, the people said. Jazz Pharma agreed in 2021 to acquire GW Pharmaceuticals Plc, the maker of the first drug derived from the cannabis plant ...