PTC Therapeutics (PTCT) to Acquire Censa Pharmaceuticals
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PTC Therapeutics to Acquire Censa Pharmaceuticals
May 6, 2020 4:30 PM EDTSOUTH PLAINFIELD, N.J., May 6, 2020 /PRNewswire/ --Â PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that it has entered into an agreement to acquire Censa Pharmaceuticals, Inc., a biopharmaceutical company focused on the development of CNSA-001 (sepiapterin), a clinical-stage investigational therapy for orphan metabolic diseases, including phenylketonuria (PKU) and other diseases associated with defects in the tetrahydrobiopterin (BH4) biochemical pathways diagnosed at birth. The transaction was approved by the Boards of both companies.
"Results from a Phase 2 clinical trial of CNSA-001 demonstrated significant and clinically relevant reductions in phenylanaline levels... More
