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Biotech / Medical : Munch-a-Biotech Today

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From: Ian@SI9/1/2010 3:37:12 PM
   of 3158
 
Another privately held biotech munched...

Pfizer to Acquire FoldRx Pharmaceuticals

prnews

FoldRx Focused on First-in-Class, Disease-Modifying, Oral Therapeutics to Treat Diseases Caused by Protein Misfolding

Lead Product Candidate, Tafamidis, in Registration in the European Union as First-in-Class Oral Therapy for Transthyretin Amyloid Polyneuropathy (ATTR-PN)

NEW YORK and CAMBRIDGE, Mass., Sept. 1 /PRNewswire-FirstCall/ -- Pfizer Inc. (NYSE: PFE) and FoldRx Pharmaceuticals, Inc., a privately held drug discovery and clinical development company, today announced that they have entered into an agreement under which Pfizer will acquire FoldRx.
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