Biotie invests in Alzheimer's drug SYN120 as it drops epilepsy pathway

11 March 2014

Finland-based Biotie Therapies (Nasdaq OMX: BTH1V), which is focused on neurodegenerative and psychiatric disorders, has completed further review of its pipeline.

The company published a review in September which highlighted the approval and launch of Selincro (nalmefene) in Europe by Denmark’s Lundbeck (LUN: CO) and the exercise by Belgium’s UCB (Euronext Brussels: UCB) of its license for tozadenant (SYN115), for which Biotie received a $20 million milestone.

Progressing SYN120

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