BUSINESS

Otsuka to Acquire Transcend for US$700 Million, Snags PTSD Candidate

March 30, 2026
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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