Otsuka Pharmaceutical said on March 27 that it will acquire US biotech Transcend Therapeutics for US$700 million through its subsidiary Otsuka America, adding a clinical-stage post-traumatic stress disorder (PTSD) candidate to its pipeline. The deal, expected to close in the…
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We had just gotten off a call with a client in Europe, and we’d received a bit of an earful. “Philip,” the client pressed, “what can this candidate bring to us? We know what he does, but what has he…





