M&A Deal Summary |
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Date | 2019-07-23 |
Target | Destiny Biosciences Global |
Sector | Life Science |
Buyer(s) | Therapix Biosciences |
Deal Type | Merger |
Deal Value | 48M USD |
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Therapix Biosciences Ltd. is a specialty clinical-stage pharmaceutical company led by an experienced team of Senior Executives and Scientists. Its focus is creating and enhancing a portfolio of technologies and assets based on cannabinoid pharmaceuticals. With this focus, the company is currently engaged in the following drug development programs based on repurposing an FDA-approved cannabinoid (Dronabinol): THX-110 for the treatment of Tourette syndrome (TS), for the treatment of Obstructive Sleep Apnea (OSA), and the treatment of Pain; THX-130 for the treatment of Mild Cognitive Impairment (MCI) and Traumatic Brain Injury (TBI); THX-150 for the treatment of infectious diseases; and THX-160 for the treatment of pain.
DEAL STATS | # |
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Overall | 2 of 2 |
Sector (Life Science) | 2 of 2 |
Type (Merger) | 1 of 1 |
State (Alberta) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
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2014-10-21 |
Dekel Pharmaceuticals
Ramat Gan, Israel Dekel Pharmaceuticals Ltd. is a privately-held company engaged in the research and development of drug therapies based on synthetic cannabinoid substances. |
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