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Eton Pharmaceuticals Acquires Exclusive U.S. Rights to LIBERVANT® from Aquestive Therapeutics

PUBLIC · ETONOct 14, 2026

Acquiring Company

ETON PHARMACEUTICALS

Acquired Company

Aquestive Therapeutics, Inc.

Deer ParkWarrenBiotechnologyHealthcareHealth CarePharmaceuticalBiotechnologyHealthcareHealth CareMedicalTherapeuticsPharmaceuticalBiopharma

Description

Eton Pharmaceuticals, Inc. has entered into a license agreement with Aquestive Therapeutics, Inc. to acquire exclusive U.S. rights to LIBERVANT® for the treatment of seizure clusters in epilepsy patients. The agreement includes an upfront payment of $10.0 million and potential milestones of up to $47.5 million based on regulatory approvals and commercial sales. Additionally, a supply agreement has been established for the manufacturing of the product, effective for an initial term of 20 years.

Company Information

Company

ETON PHARMACEUTICALS

Location

Deer Park, Illinois, United States

About

Eton Pharmaceuticals is an innovative pharmaceutical company focused on developing and commercializing treatments for rare diseases.

Fundz sees it the moment ETON PHARMACEUTICALS makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Aquestive Therapeutics, Inc.?

Aquestive Therapeutics, Inc. was acquired by ETON PHARMACEUTICALS, based in Deer Park. The deal was reported on October 14, 2026. Eton Pharmaceuticals is an innovative pharmaceutical company focused on developing and commercializing treatments for rare diseases. ETON PHARMACEUTICALS is publicly traded (ETON) and operates in Biotechnology.

When did ETON PHARMACEUTICALS acquire Aquestive Therapeutics, Inc.?

ETON PHARMACEUTICALS's acquisition of Aquestive Therapeutics, Inc. was reported on October 14, 2026. Eton Pharmaceuticals, Inc. has entered into a license agreement with Aquestive Therapeutics, Inc. to acquire exclusive U.S. rights to LIBERVANT® for the treatment of seizure clusters in epilepsy patients. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Aquestive Therapeutics, Inc. do?

Aquestive Therapeutics, Inc. is a biopharmaceutical company focused on developing innovative therapies for patients with unmet medical needs. It is publicly traded (AQST), operating in Biotechnology, and is based in Warren.

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

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.