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Septa Pharmaceuticals Inc. Acquires CeeNU® (Lomustine) from Bristol Myers Squibb, Canada

Key Takeaway: Septa Pharmaceuticals Inc. has acquired CeeNU® (Lomustine) from Bristol Myers Squibb, marking a significant expansion in its oncology portfolio. The company emphasizes its commitment to ensuring continuous patient access to this vital chemotherapy drug. Septa's CEO highlighted the importance of collaboration with stakeholders for a smooth integration and ongoing supply stability. This acquisition aligns with Septa's mission to improve health outcomes through high-quality pharmaceutical products.
Price reaction · baseline $56.95 (2026-07-14 close) · hit pre-market · clean, no other BMY news in the window
day 0 close · peak
+3.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Successful acquisition of CeeNU® (Lomustine) enhances Septa's portfolio.
  • Commitment to uninterrupted patient access to essential medications.
  • Focus on collaboration with stakeholders for seamless transition.
  • Strategic growth through partnerships and licensing opportunities.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+20%
120-day peak, hindsight
Typical move
1.7%
average across 15 past catalysts
Lead asset
Muraglitazar
Phase 3 · Type 2 Diabetes

Full Press Release Details

Mississauga, ON,July 15, 2026/PRNewswire/ -Septa Pharmaceuticals Inc., a rapidly growing leader in the Canadian healthcare sector, is proud to announce the successful acquisition ofCeeNU®(Lomustine) from Bristol Myers Squibb, Canada as of June 29th, 2026. This strategic acquisition marks a significant milestone in Septa's ongoing expansion and underscores its unwavering dedication to strengthening its specialty oncology pharmaceutical portfolio.CeeNU®(Lomustine) is an established and highly valued alkylating agent utilized primarily in the treatment of specific types of brain tumors and Hodgkin's lymphoma. By integrating this essential chemotherapy medication into its product lineup, Septa is reinforcing its footprint in the critical care and oncology space.
CeeNU®(Lomustine) represents an important therapeutic option for many individuals battling severe health conditions. Consequently, Septa is deeply committed to ensuring continuous, uninterrupted patient access to this vital medication across Canada. Recognizing the critical need for a robust and stable supply of essential medicines in today's complex healthcare landscape, Septa is fiercely prioritizing the long-term availability ofCeeNU®(Lomustine).
"As we integrateCeeNU®(Lomustine) into our growing portfolio, our primary focus remains firmly on the patients and the medical professionals who treat them," said Devinder K., President & CEO ofSepta Pharmaceuticals Inc."We are working collaboratively and closely with all relevant stakeholders, including regulatory bodies and supply chain partners, to ensure a seamless transition. This acquisition is a profound testament to our core mission of providing high-quality, reliable pharmaceutical products that tangibly improve health outcomes both across the country and globally."
As Septa rapidly broadens its diverse product portfolio and expands geographic territories, the company is actively seeking new strategic partnerships and licensing opportunities. We welcome collaborations with pharmaceutical companies to out/in-license, launch and commercialize such high-impact therapies globally. Together, we can drive mutual growth and ensure vital medicines reach global markets.

About Septa Pharmaceuticals Inc.

Headquartered in Ontario, Canada,Septa Pharmaceuticals Inc.is a forward-thinking pharmaceutical company dedicated to the development, acquisition, and commercialization of specialized pharmaceuticals globally. With a patient-first philosophy, Septa consistently strives to bridge gaps in the healthcare market by securing and stabilizing the supply of critical medicines. Through strategic partnerships and targeted acquisitions, Septa continues to build a robust product pipeline and managed access programs designed to meet the evolving needs of the global medical community.

Frequently Asked Questions

What is CeeNU® (Lomustine)?

CeeNU® (Lomustine) is an alkylating agent used primarily for treating certain brain tumors and Hodgkin's lymphoma.

When did Septa acquire CeeNU®?

Septa Pharmaceuticals acquired CeeNU® (Lomustine) on June 29th, 2026.

What is Septa's commitment regarding CeeNU®?

Septa is committed to ensuring continuous patient access to CeeNU® across Canada.

Who is the CEO of Septa Pharmaceuticals?

Devinder K. is the President & CEO of Septa Pharmaceuticals Inc.

What is Septa's focus in its growth strategy?

Septa focuses on strategic partnerships and licensing opportunities to expand its product portfolio.

Last updated: Jul 15, 2026