Jazz Pharmaceuticals Appoints Thomas Riga as Chief Business Officer to Drive Strategic Development
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2026
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Source: Newsfilter
- Extensive Leadership Experience: Thomas Riga brings over 25 years of pharmaceutical industry experience, having successfully led over $2 billion in business development deals, which is expected to enhance Jazz's market competitiveness.
- Strategic Deal Maker: As Chief Operating Officer at Chimerix, Riga directed corporate strategy, successfully completing the acquisition and securing U.S. approval for a therapy targeting H3K27M-mutant brain tumors, impacting approximately 2,000 patients annually.
- Innovative Drug Development: Riga played a pivotal role in the launch of Modeyso™ (dordaviprone), the first treatment for an ultra-rare brain tumor affecting primarily children and young adults, demonstrating his commitment to addressing patient needs.
- Vision for Future Growth: Riga expressed his intent to leverage the company's existing expertise and capabilities to drive innovative strategic transactions aimed at enhancing shareholder value and making a meaningful impact for patients with unmet medical needs.
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Analyst Views on JAZZ
Wall Street analysts forecast JAZZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JAZZ is 218.92 USD with a low forecast of 188.00 USD and a high forecast of 263.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 165.410
Low
188.00
Averages
218.92
High
263.00
Current: 165.410
Low
188.00
Averages
218.92
High
263.00
About JAZZ
Jazz Pharmaceuticals plc is a global biopharmaceutical company. It is engaged in developing medicines for people with serious diseases, often with limited or no therapeutic options. It has a diverse portfolio of marketed medicines, including therapies for sleep disorders and epilepsy, and a portfolio of cancer treatments. Its lead-marketed products include Xywav (calcium, magnesium, potassium, and sodium oxybates) oral solution, Epidiolex (cannabidiol) oral solution, Rylaze (asparaginase erwinia chrysanthemi (recombinant)-rywn), Zepzelca (lurbinectedin), Ziihera (zanidatamab-hrii), and Enrylaze (recombinant crisantaspase). Its product candidates include Zanidatamab, Vyxeos, JZP815, JZP898, JZP441, and others. Xywav is used for the treatment of cataplexy or EDS in patients seven years of age and older with narcolepsy. The Company, through Chimerix, Inc., also owns a clinical asset, dordaviprone, a novel small molecule treatment in development for H3 K27M-mutant diffuse glioma.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Harmony's Wakix Drug: Financial Success Amid Controversy
- Strong Financial Performance: Since FDA approval in 2019, Harmony's Wakix generated $160 million in revenue by 2020, with projected sales nearing $870 million by 2025, reflecting a 40% compound annual growth rate; however, the stock price has not followed suit, indicating market concerns about future prospects.
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- Increased Competitive Pressure: Jazz Pharmaceuticals' Xywav and Xyrem generated nearly $1.3 billion in revenue in the first nine months of 2025, highlighting the intense competition Harmony faces, which could impact its market share and future revenue despite its strong financial performance.

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