Paragon company buys biotech with treatment for pediatric Tourette syndrome

14 August 2018

Paragon Biosciences’ portfolio company Emalex Biosciences has acquired fellow USA-based Psyadon Pharmaceuticals, a biopharmaceutical company dedicated to the development of new treatments for rare and orphan neurological conditions.

The transaction brings with it exclusive rights to develop, register and market ecopipam, a new chemical entity with orphan drug designation for the treatment of pediatric Tourette syndrome (TS) in patients aged under 16. Financial terms of the deal were not revealed.

Ecopipam is a potent, selective antagonist of the human D1 receptor family being developed for the treatment of pediatric TS. TS is a childhood-onset neurodevelopmental condition, characterized by motor and vocal tics, for which there exists an unmet need for new therapies.

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