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Radius (RDUS) to Acquire Rights for Cannabidiol Oral Solution

Jan 07, 2021 - Nasdaq
Mergers and Acquisitions

Radius Health, Inc. RDUS announced a definitive agreement to acquire the global development and commercialization rights of Benuvia Therapeutics Inc.’s synthetic cannabidiol oral solution (“RAD011”).

RAD011 is a synthetic cannabidiol oral solution with potential utilization in multiple endocrine and metabolic orphan diseases.

The initial indication, for which the candidate will be evaluated, is Prader-Willi syndrome (“PWS”).

Radius intends to begin a phase II/III stud...