Biotie Therapies
Chairman of the Board) | |
Revenue | € 4.8 million (2012)[1]: p. 11 |
---|---|
(€25.6 million) (2012)[1]: p. 11 | |
Number of employees | 38 (end 2012)[1]: p. 8 |
Website | Biotie.com |
Biotie Therapies was a
Overview
Biotie Therapies was formed in the merger of Biotie Therapies Corp. (incorporated in 1998),[2] Oy Contral Pharma Ltd and Carbion Inc in the year 2002. In 2008, Biotie Therapies acquired the German pharmaceutical discovery and development company Elbion GmbH in Radebeul. In 2010 Biotie Therapies all preclinical assets were transferred into a new company, biocrea GmbH, in which Biotie become a minority shareholder. In 2011, Biotie acquired a pharmaceutical company, Synosia.[3]
The company has partnering agreements with H. Lundbeck A/S and UCB.[4][5]
In January 2016, Acorda Therapeutics acquired Biotie Therapies for $363 million.[6]
Product pipeline
Name | Target indications | Partner | Status | |
---|---|---|---|---|
Selincro (nalmefene) | alcohol dependence | Lundbeck | EU marketing authorization received [7] | |
Tozadenant SYN115 | Parkinson's disease | UCB | Phase III clinical trials to start 2015 [8] | |
VAP-1 antibody
|
inflammatory diseases
|
- | Phase I clinical trials ready, seeking partner | |
SYN120 | - | Phase I clinical trials ready, seeking partner | ||
Nepicastat SYN117 | PTSD , cocaine dependency
|
NIDA | PTSD: Phase II clinical trials, results [9] Cocaine dependency: Phase II clinical trials, in progress | |
Ronomilast | COPD
|
- | Phase I clinical trials ready, seeking partner | |
Nitisinone SYN118 | Movement disorder | UCB | Phase II clinical trials, terminated [10] | |
Sources:[11] |
Selincro (nalmefene)
The company's most advanced product, Nalmefene, for the treatment of alcoholism. Biotie's partner H. Lundbeck A/S received European marketing authorization from the European Commission on 28 February 2013. Lundbeck expects to launch Selincro in its first markets in the middle of 2013.[7]
Studies have shown, that
Tozadenant
SYN115, also called tozadenant, was developed as a potential treatment for
In January 2016, the company was acquired by Acorda Therapeutics, for US$363 million.[15] In November 2017, the company announced discontinuation of the agent following the death of 5 patients enrolled in the tozadenant Phase III trial from agranulocytosis and associated severe adverse events possibly related to tozadenant.[16][17]
VAP-1
Nepicastat
SYN117 also called nepicastat is a treatment for cocaine dependency and
Ronomilast
Ronomilast is a PDE4 inhibitor for chronic inflammatory disorders. It is a small molecule phosphodiesterase-4 inhibitor (PDE4). The product is developed for the treatment of chronic obstructive pulmonary disease (COPD). Data from pre-clinical and early clinical trials indicates that the product has a good safety profile. Biotie is in the process of planning a Phase 2 trial in COPD patients and also seeking a partner for late-stage development of ronomilast.[19]
References
- ^ a b c "Financial statements 2012" (PDF). Biotie Therapies. Retrieved 9 March 2013.[self-published source]
- ^ House, Douglas W. (5 June 2015). "Biotie Therapies on deck for U.S. debut". Seeking Alpha.
- ^ "The acquisition of Synosia Therapeutics Holding AG completed" (Press release). Biotie Therapies. February 2, 2011. Archived from the original on August 19, 2011.[self-published source]
- ^ a b Biotie Therapies Oyj Company Description Business Week[dead link]
- ^ "Biotie.com, Collaborations". February 14, 2013. Archived from the original on April 27, 2012.[self-published source]
- ^ "Accorda Acquires Biotie Therapies for $363 Million - GEN News Highlights - GEN". 19 January 2016.
- ^ a b "Biotie: Selincro (nalmefene) receives European marketing authorization" (Press release). Biotie Therapies. 28 February 2013. Archived from the original on June 3, 2013.[self-published source]
- ^ "Stock Exchange Release 27 February 2013" (Press release). Biotie Therapies. 27 February 2013. Archived from the original on June 3, 2013.[self-published source]
- ^ "Biotie reports top-line data from clinical study with nepicastat (SYN117) in post-traumatic stress disorder" (Press release). Biotie Therapies. December 27, 2012. Archived from the original on March 4, 2013.[self-published source]
- ^ [1] Stock Exchange release 23 November 2011
- ^ "Biotie.com, Pipeline". February 14, 2013. Archived from the original on 2013-02-15.
- ^ Lundbeck announces start of new phase III clinical trials with nalmefene Archived December 22, 2008, at the Wayback Machine STOCK EXCHANGE RELEASE 15 December 2008 at 9.30 a.m
- ^ Balanced CNS and inflammation product pipeline Archived April 25, 2010, at the Wayback Machine Company website 2008-03-15
- ^ "Biotie.com, SYN115 (tozadenant): A highly differentiated product for Parkinson's disease". March 26, 2012. Archived from the original on 2011-12-28.
- ^ Staff (January 19, 2016). "Acorda Acquires Biotie Therapies for $363 Million". Genetic Engineering & Biotechnology News. New Rochelle, New York: Mary Ann Liebert.
- ^ "Acorda Discontinues Tozadenant Development Program". Investor News (Press release). Acorda. November 20, 2017. Retrieved 2019-09-24.[self-published source]
- ^ Dolhun, Rachel (November 15, 2017). "Parkinson's Tozadenant Trial Discontinued". New York, New York: The Michael J. Fox Foundation for Parkinson's Research. Retrieved 2019-02-14.
- ^ "Biotie.com, SYN117 (nepicastat) for the treatment of cocaine dependency and post traumatic stress disorder (PTSD)". March 26, 2012. Archived from the original on 2011-11-13.
- ^ "Biotie.com, Ronomilast: PDE4 inhibitor for chronic inflammatory disorders". March 26, 2012. Archived from the original on 2011-11-13.