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Stock impact report

Acadia Pharmaceuticals Announces Exclusive License Agreement with Saniona for SAN711

ACADIA Pharmaceuticals Inc. (ACAD) 
Last acadia pharmaceuticals inc. earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: Business Wire
- SAN711 is a first-in-class, highly selective GABAA-a3 positive allosteric modulator- Targeting initiation of Phase 2 study of SAN711 for the treatment of essential tremor in 2026 SAN DIEGO--(BUSINESS WIRE)--Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced it has entered into an exclusive worldwide license agreement with Saniona (OMX: SANION) for the development and commercialization of SAN711, a first-in-class, highly selective GABAA-a3 positive allosteric modulator. The first indication the Company plans to pursue is development of SAN711 for essential tremor, a neurological condition that includes shaking or trembling movements in one or more parts of the body. Acadia is planning to initiate a Phase 2 study of SAN711 in essential tremor in 2026."Licensing SAN711 to expand our pipeline underscores our unwavering commitment to delivering innovative therapies for patients with central nervous system disorders," said Catherine Owen Adams, Chief Executive Officer. "Essenti Show less Read more
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