Chiesi USA was established in 2014 with the acquisition of Cornerstone Therapeutics Inc., as the culmination of a strong strategic alliance first formed in 2009. The organizations shared a focus on their people and a desire to address unmet medical needs in the specialty setting.
Evolution of Chiesi USA
Cornerstone BioPharma Holdings merges with Critical Therapeutics and changes name to Cornerstone Therapeutics
Announced ~$70M strategic alliance with Chiesi and gained U.S. marketing rights for Curosurf (poractant alfa)
Announced agreement to acquire rights to Factive (gemifloxacin mesylate) from Oscient Pharmaceuticals
Announced acquisition of Cardiokine Inc. and received WW rights to CRTX080
Divested certain product rights for Factive and Spectracef (cefditoren pivoxil)
Acquired EKR Therapeutics for approximately $150M
Licensed U.S. marketing rights for Bethkis (Tobramycin Inhalation Solution) from Chiesi
Licensed U.S. marketing rights for Pertzye (pancrelipase) from Digestive Care, Inc.
Launch of CareDirect and Bethkis
CRTX Stockholders Approve Merger with Chiesi
Chiesi USA name change
Acquired US rights for CHF 6384 (mannitol DPI)
Acquired US Rights for Cleviprex (clevidipine), Kengreal (cangrelor) and Argatroban Injection from The Medicines Company
FDA approved labeling revision for Pertzye (pancrelipase) to include gastrostomy tube administration for the contents of the 4,000 USP lipase units dosing strength
FDA approval of a 24,000 USP lipase units capsule of Pertzye
Acquired US rights for PRX-102 from Protalix Biotherapeutics
Chiesi USA becomes a Public Benefit Corporation under Delaware law
The company was founded in Parma in 1935 when Giacomo Chiesi, a chemist who dreamed of doing research, bought the Laboratorio Farmaceutico Parmense and embarked on his entrepreneurial adventure. In the years that followed, sons Alberto and Paolo led an ambitious expansion and internationalization process that led to the development of a robust product portfolio and distribution in over seventy countries. Today Chiesi is still very much a family-led organization that embraces its entrepreneurial roots. The company continually strives to not only develop innovative solutions for its current customers, but is also exploring cutting-edge areas such as regenerative medicine and biotechnology. For a more detailed history of the Chiesi Group, click here.