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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