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baltimorebullet

02/28/17 11:01 AM

#93669 RE: Doktornolittle #93668

Cynapsus Therapeutics Inc. is a specialty pharmaceutical company developing a drug to treat the motor symptoms of Parkinson’s disease. Based in Toronto, Ontario, Canada. Formerly named Cannasat Therapeutics they changed their name to Cynapsus Therapeutics in 2010.[1]
In September 2016, Sunovion (a subsidiary of Dainippon Sumitomo Pharma) announced it would acquire Cynapsus Therapeutics for approximately $624 million.
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kevindenver

02/28/17 11:13 AM

#93671 RE: Doktornolittle #93668

CYNA was the NASDAQ symbol and was bought out for $625 Million.

http://www.businesswire.com/news/home/20160831006494/en/Sunovion-Pharmaceuticals-Acquire-Cynapsus-Therapeutics

What's AVXL's market cap? Think it through IF the drug works.