Zevra sells AZSTARYS portfolio to Commave for $50M, repays $63M debt facility in full

Filed March 16, 2026 · Period ending March 12, 2026 · ~1 min read

Key Changes

• high

  Zevra sold its SDX portfolio including AZSTARYS and KP1077 to Commave for $50M cash ($25M upfront, $20M within 10 days, $5M upon records delivery), settling Delaware litigation and terminating their 2019 license agreement.

  Item 1.01 verify on EDGAR →
• high

  Company repaid entire $63M senior secured loan facility on March 12, three years early, terminating the Credit Agreement and releasing all liens on substantially all company and subsidiary assets.

  Item 1.02 verify on EDGAR →
• medium

  Parties agreed to dismiss Delaware litigation with prejudice within three business days and provided mutual releases for all claims related to the AZSTARYS License Agreement.

  Item 1.01 verify on EDGAR →