M&A Deal Summary |
|
|---|---|
| Date | 2023-09-21 |
| Target | Applied Molecular Transport |
| Sector | Life Science |
| Buyer(s) | Cyclo Therapeutics |
| Deal Type | Merger |
| Advisor(s) | MTS Health Partners (Financial) Wilson Sonsini Goodrich & Rosati (Legal) |
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Cyclo Therapeutics is a clinical-stage biotechnology company focused on developing transformative therapies for rare and neurological diseases with limited treatment options. The Company’s investigational Trappsol Cyclo™, an orphan drug designated product in the United States and Europe, is the subject of four formal clinical trials for Niemann-Pick Disease Type C, a rare and fatal genetic disease, (www.ClinicalTrials.gov NCT02939547, NCT02912793, NCT03893071 and NCT04860960). It is conducting a Phase 2b clinical trial using Trappsol Cyclo intravenously in early Alzheimer’s disease (NCT05607615) based on encouraging data from an Expanded Access program for Alzheimer’s disease (NCT03624842). Cyclo Therapeutics is based in Gainesville, Florida
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Life Science M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |