NeuroDerm Parkinson’s Drug Inches Closer To Market With Phase III Win

Mitsubishi Tanabe Pharma paid $1.1bn to acquire the Israeli biotech in 2017 for a drug that analysts forecast to represent a market opportunity worth up to $1.7bn in peak sales.

Mitsubishi Tanabe Pharma subsidiary NeuroDerm announced positive Phase III results from its Parkinson's drug trial • Source: Shutterstock

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