Home / News / Septa Pharmaceuticals Acquires CeeNU to Expand Canadian Oncology Portfolio 

Septa Pharmaceuticals Acquires CeeNU to Expand Canadian Oncology Portfolio 

  • Septa Pharmaceuticals has acquired CeeNU (lomustine) from Bristol Myers Squibb Canada, effective June 29, 2026, expanding its specialty pharmaceutical portfolio into critical care and oncology.  
  • CeeNU is an established alkylating chemotherapy agent primarily used in the treatment of certain brain tumors and Hodgkin’s lymphoma.  
  • Septa said it is prioritizing the continued availability and uninterrupted supply of CeeNU for Canadian patients and healthcare professionals during the transition.  
  • The acquisition supports Septa’s broader expansion strategy as the company continues to pursue strategic partnerships, licensing opportunities, and global commercialization of high-impact therapies. 

Takeaways: 

Septa’s acquisition of CeeNU from Bristol Myers Squibb turns it into a supply‑critical oncology player in Canada, securing an essential chemotherapy that has faced shortage risk and reinforcing its positioning in brain tumors and Hodgkin’s lymphoma while creating a platform to in‑license more divested or distressed oncology brands as part of its global expansion strategy. 

Source: PRnewswire 

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