Titan sees Braeburn as best partner to secure future of Probuphine
This article was originally published in Scrip
Executive Summary
Titan Pharmaceuticals insists that multiple potential partners were interested in commercializing Probuphine (buprenorphine) in the US and Canada, but the company's executives said they signed a license deal with the startup firm Braeburn Pharmaceuticals to reduce the risk that the opioid addiction therapy delivered by a novel subdermal implant would be de-prioritized by a Big Pharma player.
You may also be interested in...
Finance Watch: Canaan, Regeneron Reveal New Funds For Start-Ups
Private Company Edition: Regeneron launched a $500m venture fund and Canaan added $100m, bringing the venture firm’s recent total to $1bn-plus. Also, incubators plan to grow over the next decade and in recent financings Avenzo raised $150m and Nvelop launched with $100m.
Sage’s Dalzanemdor Prospects In Doubt After First Mid-Stage Readout
Dalzanemdor (SAGE-718) showed no difference from placebo in a Phase II Parkinson’s disease study, raising concerns about readouts later this year in Huntington’s and Alzheimer’s diseases.
First Phase III Depression Data For Intra-Cellular’s Caplyta Exceed Expectations
With positive results from the first Phase III trial of lumateperone in major depressive disorder and a second readout expected later this quarter, the company plans a supplemental filing in late 2024.