Pharma Deals Review, Vol 2016, No 12 (2016)

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Grünenthal Bolsters its Pain Pipeline with Thar Acquisition

Jawala Prasad

Abstract


Grünenthal has added another orphan disease drug to its pipeline to treat complex regional pain syndrome (CRPS) by acquiring US-based Thar Pharmaceuticals for an undisclosed amount. The lead candidate of the deal is an oral form zoledronic acid, T121, which is a Phase III ready orphan drug. With the acquisition, Grünenthal now has worldwide rights to T121 and Thar’s proprietary technology platform Enhance™ along with a few other early-stage programmes.

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