Novaremed AG Acquires Metys Pharmaceuticals AG
September 7, 2021
Novaremed AG acquired Metys Pharmaceuticals AG in an all-share transaction, integrating Metys' clinical and preclinical non-opioid pain programs (including MP-101 and MP-103) into Novaremed's pipeline. The deal broadens Novaremed's focus from painful diabetic peripheral neuropathy (PDPN) to include chemotherapy-induced peripheral neuropathy (CIPN) and strengthens leadership with the election of Andrew J. Oakley to Novaremed's board.
- Buyers
- Novaremed AG
- Targets
- Metys Pharmaceuticals AG
- Industry
- Pharmaceuticals
- Location
- Switzerland
- Transaction Type
- Buyout
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