Plagued by clinical setbacks with its lead asset PledOx for chemotherapy-induced peripheral neuropathy, PledPharma AB has opted to focus on the orphan drug segment and acquire fellow Swedish firm Rare Thyroid Therapeutics and its ultra-orphan asset Emcitate.
The deal will see Pledpharma pay privately held RTT SEK60m ($6.7m) in cash and 63.7 million newly issued shares, giving...






