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Otsuka acquires Transcend Therapeutics for $700M

PRIVATEJun 12, 2026

Acquiring Company

Otsuka America

Acquired Company

Transcend Therapeutics

PrincetonNew YorkBiotechnologyHealth CareTherapeuticsBiotechnologyHealth CareMedicalTherapeutics

Description

Otsuka America, Inc. has completed its acquisition of Transcend Therapeutics for $700 million, with additional contingent payments based on future sales. Transcend will operate as a wholly owned subsidiary, enhancing Otsuka’s investment in neuropsychiatric treatments. This acquisition aims to accelerate the development of innovative therapies for serious mental illnesses like PTSD.

Quick answer

Otsuka America is acquiring Transcend Therapeutics for $700 million, announced June 12, 2026. Otsuka America is based in Princeton, New Jersey, United States.

How much did Otsuka America pay for Transcend Therapeutics?
The reported deal value is $700 million.
What does Otsuka America do?
Otsuka America, Inc. is a subsidiary of Otsuka Pharmaceutical Co., Ltd. It focuses on advancing next-generation treatments for serious mental illness.
Where are Otsuka America and Transcend Therapeutics based?
Otsuka America is based in Princeton, New Jersey, United States. Transcend Therapeutics is based in New York, United States.
Who are the decision-makers at Otsuka America?
Fundz holds 1 contact at Otsuka America. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Otsuka America

Location

Princeton, New Jersey, United States

About

Otsuka America, Inc. is a subsidiary of Otsuka Pharmaceutical Co., Ltd. It focuses on advancing next-generation treatments for serious mental illness. The company combines decades of expertise in central nervous system disorders with innovative approaches. Otsuka is committed to improving patient outcomes through scientifically rigorous therapies.

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Frequently asked

Who acquired Transcend Therapeutics?

Transcend Therapeutics was acquired by Otsuka America, based in Princeton. The deal was reported on June 12, 2026. Otsuka America, Inc. is a subsidiary of Otsuka Pharmaceutical Co., Ltd. It focuses on advancing next-generation treatments for serious mental illness. Otsuka America is privately held and operates in Biotechnology.

When did Otsuka America acquire Transcend Therapeutics?

Otsuka America's acquisition of Transcend Therapeutics was reported on June 12, 2026. Otsuka America, Inc. has completed its acquisition of Transcend Therapeutics for $700 million, with additional contingent payments based on future sales. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Transcend Therapeutics do?

Transcend Therapeutics discovers, develops, and delivers next-generation psychoactive medicines to work toward a world in which people no longer suffer from neuropsychiatric disease. It is privately held, operating in Biotechnology, and is based in New York.

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