Concert Pharmaceuticals has forged a pact with Avanir, whereby Avanir gains global rights to develop and commercialise experimental, deuterium-modified dextromethorphan compounds. Avanir plans to develop the compounds – still in the preclinical stage – for the potential treatment of neurological and psychiatric disorders.
Concert, a privately held US company, gains an undisclosed upfront fee and will be eligible for milestone payments totalling more...
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