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Sucampo Looks To Add Heft With Vtesse Acquisition

 
• By Joseph Haas

In search of a new direction since shelving cobiprostone last summer, Sucampo acquires Cydan-backed startup and Niemann-Pick disease candidate VTS-270, now in a pivotal Phase IIb/III study.

Troubled Sucampo Pharmaceuticals Inc. is placing a $200m wager on the potential of bringing the first drug therapy for the rare disorder Niemann-Pick Disease Type C1 (NPC-1) to market, announcing a cash-and-stock buyout of privately held Vtesse Inc. and its pivotal-stage VTS-270 on April 3.

Sucampo has been struggling since it decided to shelve its lead pipeline candidate, cobiprostone, last July following clinical disappointments in...

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