Triple Joy For European Biotechs As FDA OKs Byfavo

Acacia To Sell Rapid-Acting Sedative

Having secured FDA approval, the UK's Acacia Pharma will market Byfavo, the first new product in the sedation space in decades, which was licensed from Italy's Cosmo and developed by Germany's Paion.

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Acacia, Cosmo and Paion have reason to celebrate • Source: Shutterstock

The US approval of Byfavo is being celebrated not only by Acacia Pharma Group PLC, which will market the sedative, but also the drug's licensee Cosmo Pharmaceuticals NV and its developer, Paion AG.

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