Teva to Acquire Emalex Biosciences for ~$900M
Shots:
- Teva has entered into a definitive agreement to acquire Emalex Biosciences, incl. its lead asset, ecopipam, expanding its neuroscience pipeline & accelerating Teva’s pivot to growth strategy
- As per the deal, Teva will acquire Emalex for $700M upfront, & ~$200M in commercial milestones, plus royalties on global net sales of ecopipam, subject to regulatory approval; closing is expected in Q3’26
- Ecopipam, a selective dopamine D1 receptor antagonist, is being assessed in the P-III trial for the treatment of children with Tourette syndrome, which showed significant benefit in study’s 1EP, with NDA submission anticipated in H2’26
Ref: Globenewswire | Image: Emalex | Press Release
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