Neurotrope and Metuchen Merge to Form Petros Pharmaceuticals

December 2, 2020

Neurotrope, Inc. and Metuchen Pharmaceuticals, L.L.C. completed an all-stock merger to form Petros Pharmaceuticals, Inc., a newly traded public company focused on men's health with primary commercial asset Stendra (avanafil). Neurotrope shareholders own approximately 49% and Metuchen shareholders own approximately 51% of the combined company; Petros will pursue commercialization strategies including a potential non-prescription conversion of Stendra and will be led by Fady Boctor as President and CCO.

Buyers
Petros Pharmaceuticals, Inc., Neurotrope, Inc., Metuchen Pharmaceuticals, L.L.C.
Targets
Neurotrope, Inc., Metuchen Pharmaceuticals, L.L.C.
Industry
Pharmaceuticals
Location
United States
Transaction Type
Buyout

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