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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asarinapharma.comLast updated
In short: Asarina Pharma resolved to enter voluntary liquidation and sold its Sepranolone assets to Relmada Therapeutics following failed partnership efforts.
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 board proposes liquidation due to negative equity and failed partnership efforts for Sepranolone. Meeting is on 21 August 2024.
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