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Processa Pharmaceuticals completes Vidya acquisition

PUBLIC · PCSAOct 05, 2026

Acquiring Company

Processa Pharmaceuticals

Acquired Company

Vidya Therapeutics

HanoverHealthcareBiotechnologyHealth Care

Description

On October 5, 2026, Processa Pharmaceuticals finalized the acquisition of Vidya Therapeutics, Inc. This acquisition was initially disclosed on July 29, 2026, and included comprehensive financial statements. The merger agreement was executed on July 28, 2026, involving multiple entities. This amendment also covers updates to business operations and risk factors post-acquisition.

Company Information

Company

Processa Pharmaceuticals

Location

7380 COCA COLA DRIVE

Hanover, New Hampshire, United States

About

Processa Pharmaceuticals, Inc. is a biopharmaceutical company focused on developing and commercializing innovative treatments for patients with unmet medical needs. The company aims to improve the quality of life for patients by providing effective therapies. It operates with a commitment to addressing significant health challenges through its research and development efforts. Based in Vero Beach, Florida, Processa is actively involved in the pharmaceutical sector.

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Frequently asked

Who acquired Vidya Therapeutics?

Vidya Therapeutics was acquired by Processa Pharmaceuticals, based in Hanover. The deal was reported on October 5, 2026. Processa Pharmaceuticals, Inc. is a biopharmaceutical company focused on developing and commercializing innovative treatments for patients with unmet medical needs. Processa Pharmaceuticals is publicly traded (PCSA) and operates in Healthcare.

When did Processa Pharmaceuticals acquire Vidya Therapeutics?

Processa Pharmaceuticals's acquisition of Vidya Therapeutics was reported on October 5, 2026. On October 5, 2026, Processa Pharmaceuticals finalized the acquisition of Vidya Therapeutics, Inc. This acquisition was initially disclosed on July 29, 2026, and included comprehensive financial statements. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Vidya Therapeutics do?

Vidya Therapeutics is a clinical-stage biotech company developing innovative drugs targeted towards immune-mediated disorders. Its main asset includes a novel BTK inhibitor designed for various applications in immunology. It is privately held, operating in Biotechnology.

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