Durata Therapeutics


Durata Therapeutics was a clinical development stage company in the pharmaceutical industry which focused on the treatment of infections. On November 17, 2014, the company was acquired by Actavis for $675 million.

History

On December 21, 2009, the company acquired Vicuron Pharmaceuticals and its drug candidate, dalbavancin, a long-acting semisynthetic lipoglycopeptide antibiotic, from Pfizer and commenced operations.
On April 19, 2011, the company initiated Phase III studies of dalbavancin for intravenous treatment of acute bacterial skin and skin structure infections.
In 2012, the company moved its global headquarters from Morristown to Chicago and received $2 million in tax credits.
On November 17, 2014, the company was acquired by Actavis for $675 million.