Jazz Pharmaceuticals

Jazz Pharmaceuticals plc
Company typePublic
Industry
PredecessorJazz Pharmaceuticals, Inc. (before the 2012 tax inversion to Ireland)
Founded2003 (2003) in California, U.S.
HeadquartersDublin, Ireland
Area served
Worldwide
Key people
Bruce C. Cozadd (chairman and CEO)
ProductsPharmaceutical drugs
Brands
Revenue US$3.83 billion (2023)
US$579 million (2023)
US$415 million (2023)
Total assets US$11.4 billion (2023)
Total equity US$3.74 billion (2023)
Number of employees
c.2,800 (2023)
Websitejazzpharma.com
Footnotes / references

Jazz Pharmaceuticals plc (a merger of Jazz Pharmaceuticals, Inc. and Azur Pharma plc) is a global biopharmaceutical company with a focus on oncology and neuroscience. It was founded in 2003 in California, United States. One of the company's considerable products is the United States Food and Drug Administration (FDA) approved drug Xyrem (sodium oxybate), the sodium salt of the naturally occurring neurotransmitter γ-Hydroxybutyric acid (GHB). In 2017, net product sales of Xyrem were $1.187 billion, which represented 74% of the company's total net product sales. In 2019, Jazz was granted FDA-approval to market Sunosi with indications for treating excessive daytime sleepiness (EDS) in narcolepsy as well as obstructive sleep apnea (OSA). In 2022, it was announced that Axsome Therapeutics would be acquiring Sunosi from Jazz Pharmaceuticals.

In 2007, the company pled guilty to felony charges related to its illegal marketing of Xyrem for off-label use.

The company is also a member of the Pharmaceutical Research and Manufacturers of America (PhRMA).