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Sunovion Acquires Cynapsus Therapeutics

Includes Phase 3 product candidate APL-130277 in development for OFF episodes associated with Parkinson’s disease

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Sunovion Pharmaceuticals has acquired Cynapsus Therapeutics for $624 million, a deal that reflects Sunovion’s global strategy to expand and diversify its portfolio in key therapeutic areas, including neurology. Sunovion gets Cynapsus’ product candidate, APL-130277, which is designed to be a fast-acting, easy-to-use, on-demand treatment option for managing OFF episodes associated with Parkinson’s disease (PD). “Parkinson’s disease is a chronic, progressive neurodegenerative disease that aff...

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