[ad_1]

  • Sanofi SA SNY has entered a deal to hand over 17 products to central nervous system (CNS) specialist Neuraxpharm for an undisclosed sum. 
  • The drugs comprise two product portfolios for CNS disorders, pain, and vascular diseases, Neuraxpharm said in a release.
  • The first portfolio consists of 15 medicines for CNS disorders across psychiatry and neurology, Neuraxpharm explained. 
  • The roster includes drugs such as Nozinan, Tranxene, Tiapridal, Dogmatil and Largactil, which address diseases like depression, anxiety, psychosis, alcohol dependence, myasthenia gravis, and Parkinson’s disease.
  • After acquiring these new portfolios, Neuraxpharm’s annual gross sales will be around €0.6 billion.
  • The pain and vascular portfolio comprises just two drugs: Topalgic and Trental.
  • Together, that suite of products is marketed globally in more than 50 countries, Neuraxpharm added. The 17 Sanofi molecules together make up 38 brands. 
  • Price Action: SNY shares are down 0.37% at $49.99 during the market session on the last check Wednesday.

[ad_2]

Source link