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Naurex Spinout Aptinyx Launches After Allergan Deal

 
• By Mandy Jackson

Work did not slow down at Naurex after its acquisition by Allergan for $560m up front – a return of at least 3.4 times the $163m in venture capital invested in the company – since the underlying technology platform was spun out in a new firm, which launched on Sept. 16 as Aptinyx.

Work did not slow down at Naurex after its acquisition by Allergan for $560m up front – a return of at least 3.4 times the $163m in venture capital invested in the company – since the underlying technology platform was spun out in a new firm, which launched on Sept. 16 as Aptinyx.

Aptinyx retained the entire Naurex management team and staff, including president and CEO Norbert Riedel, who told Scrip that Naurex's...

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