Acquisition - June 5, 2015
Cortendo Buys Endocrine Disease Treatments
Swedish-American biotech company Cortendo is buying a pair of Phase II treatments for acromegaly for a total of $35 million, according to FierceBiotech. Cortendo agreed to pay Aspireo Pharmaceuticals $30 million for somatoprim, or DG3173, a treatment designed to block the excess growth hormone production that characterizes acromegaly. The drug showed positive results on hormone […]