Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
November 24, 2011

Pfizer to buy Excaliard Pharmaceuticals

Pfizer has entered into a definitive agreement to acquire Excaliard Pharmaceuticals, gaining access to EXC 001, a skin scarring treatment.

Pfizer has entered into a definitive agreement to acquire Excaliard Pharmaceuticals, gaining access to EXC 001, a skin scarring treatment.

Co-developed by Excaliard and Isis Pharmaceuticals, EXC 001 is an antisense oligonucleotide that will hinder the process of fibrosis.

A Phase II study of EXC 001 demonstrated positive clinical results in reducing scar severity.

Following the acquisition, Pfizer intends to continue development of EXC 001.

Pfizer will provide Excaliard an upfront payment and contingent payments.

The transaction is likely to close by the end of this year.

Content from our partners
How Hengst helped to keep Germany’s charity “star singers” shining
Why this global life sciences COO believes relocation to Charleston, SC, was key to achieving next-level success
Patient-centric pharma logistics: How CRYOPDP delivers hope worldwide

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The pharmaceutical industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU