News & Views
Acquisition Brings Parkinson’s Treatment to Lundbeck
Mar 28 2018
The signing of a definitive agreement, that will see international pharmaceutical business H. Lundbeck A/S acquire Prexton Therapeutics BV, will bring a potential candidate for treatment of Parkinson’s to the Danish company. Under terms of the agreement, Lundbeck will pay €100 million upfront plus €805 million in development and sales milestones.
It will obtain global rights for foliglurax, which is currently in clinical phase II testing for the symptomatic treatment of OFF-time reduction in Parkinson’s disease and dyskinesia (uncontrolled movements) including Levodopa Induced Dyskinesia (LID). First data from the ongoing clinical phase II program is expected to be available in mid-2019.
"We are very excited to be working with Lundbeck, a company with a strong history and focus on diseases of the central nervous system," said François Conquet, Ph.D, founder and chief executive Officer, of Netherlands-based Prexton. "Lundbeck shares our vision for the development of foliglurax to help patients living with Parkinson’s disease.”
Digital Edition
Lab Asia 31.2 April 2024
April 2024
In This Edition Chromatography Articles - Approaches to troubleshooting an SPE method for the analysis of oligonucleotides (pt i) - High-precision liquid flow processes demand full fluidic c...
View all digital editions
Events
Apr 28 2024 Montreal, Quebec, Canada
May 05 2024 Seville, Spain
InformEx Zone at CPhl North America
May 07 2024 Pennsylvania, PA, USA
May 14 2024 Oklahoma City, OK, USA
May 15 2024 Birmingham, UK