Asarina Pharma sells Sepranolone assets to Relmada Therapeutics
Relmada acquires all rights to continue clinical development in Tourette Syndrome. Asarina plans to liquidate following the asset transfer.
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Swedish biotechnology company in liquidation
asarinapharma.comLast updated
In short: Asarina Pharma sold Sepranolone assets to Relmada and applied to delist amid voluntary liquidation
Relmada acquires all rights to continue clinical development in Tourette Syndrome. Asarina plans to liquidate following the asset transfer.
Following a decision for voluntary liquidation on August 21, 2024, the board applies for delisting from Nasdaq First North Growth Market. Trading end date to be announced separately.
The extraordinary general meeting on 21 August 2024 approves liquidation effective 1 December 2024, pending payments to Danish subsidiary.
The company discontinues Sepranolone partnering efforts, reports equity below half of share capital per control balance sheet, and plans an extraordinary general meeting on 21 August 2024 for orderly liquidation.
Asarina Pharma reports for the third quarter of the year an operating result of -8.1 million kronor (-17.5) and an earnings per share of -0:40 kronor (-0:90). The past...
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