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Acerus Announces Closing Of Acquisition Of Serenity Pharmaceuticals Llc And Acquisition Of Global Rights To Noctiva™

PRIVATEMar 07, 2022

Acquiring Company

Acerus

Acquired Company

Serenity

DenverBiotechnologySoftwareHealth Careinformation technology & services

Description

Acerus Pharmaceuticals Corporation (the “Company” or “Acerus”) (TSX:ASP; OTCQB:ASPCF) today announced the closing of its previously-announced acquisition of Serenity Pharmaceuticals LLC (“Serenity”), including the global rights to its NoctivaTM brand. Serenity, based in Miami, FL, is a specialty pharmaceutical company focused on developing therapies for diseases associated with voiding disorders and had previously been granted approval by the U.S. Food and Drug Administration (FDA) for its NoctivaTM (desmopressin acetate) nasal spray. Additional details of this transaction can be found in the Company’s filings in the US and Canada.

Quick answer

Acerus is acquiring Serenity, announced March 7, 2022.

How much did Acerus pay for Serenity?
The deal value was not disclosed.
What does Acerus do?
Acerus Pharmaceuticals Corporation is a specialty pharmaceutical company focused on the commercialization and development of innovative prescription products that improve patient experience, with a primary focus in the..
Where are Acerus and Serenity based?
Serenity is based in Denver, Colorado, United States.

Source: Fundz verified event record.

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Company Information

Company

Acerus

About

Acerus Pharmaceuticals Corporation is a specialty pharmaceutical company focused on the commercialization and development of innovative prescription products that improve patient experience, with a primary focus in the field of men’s health. The Company commercializes its products via its own salesforce in the United States and Canada, and through a global network of licensed distributors in other territories. Acerus’ shares trade on TSX under the symbol ASP and on OTCQB under the symbol ASPCF. For more information, visit www.aceruspharma.com and follow us on Twitter and LinkedIn.

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Frequently asked

Who acquired Serenity?

Serenity was acquired by Acerus. The deal was reported on March 7, 2022. Acerus is privately held.

When did Acerus acquire Serenity?

Acerus's acquisition of Serenity was reported on March 7, 2022. Acerus Pharmaceuticals Corporation (the “Company” or “Acerus”) (TSX:ASP; OTCQB:ASPCF) today announced the closing of its previously-announced acquisition of Serenity Pharmaceuticals LLC (“Serenity”), including the global rights to its NoctivaTM brand. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Serenity do?

It is privately held, operating in Biotechnology, and is based in Denver.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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