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Astellas expands small-molecule drug pipeline with Ogeda acquisition
TOKYO and GODDELIES — Astellas Pharma on Monday announced an acquisition that will expand the company’s late-stage small-molecule pipeline. Astellas will be acquiring drug discovery company Ogeda for as much as €800 million, including a €500 million initial payment. Ogeda shareholders will be eligible for an additional €300 million as the company attains certain clinical milestones for its lead investigational candidate fenzolinetant.
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Upsher-Smith’s two sNDAs for Qudexy XR approved by FDA
MAPLE GROVE, Minn. — The Food and Drug Administration on Thursday approved Upsher-Smith Laboratories’ two supplemental new drug applications for Qudexy (toprimate) Extended-Release Capsules for use as prophylaxis of migraine headache in adults and adolescents 12 years of age and older.
Topiramate is the molecule that neurologists prescribe most frequently for the prevention of migraines, and the American Academy of Neurology and the American Headache Society have given topiramate a “top tier” rating for migraine prevention in adults.