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Expands CNS pipeline with Phase III-ready AD candidate
November 23, 2016
By: Kristin Brooks
Managing Editor, Contract Pharma
Allergan has completed the acquisition of Chase Pharmaceuticals Corp., a clinical-stage biopharma company developing treatments for neurodegenerative disorders including Alzheimer’s disease (AD). Allergan paid $125 million upfront and additional potential regulatory and sales milestone payments related to Chase’s lead compound, CPC-201, and certain backup compounds. CPC-201 is a combination of the most commonly prescribed acetylcholinesterase inhibitor (AChEI), donepezil, and the...
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