How An Alzheimer Treatment's Success Highlights The Failures In Alzheimer's Drug Research [Forbes]
CORIUM INTL (CORI)
Last corium intl earnings: 8/9 04:01 pm
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ir.coriumgroup.com/investor-relations
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Source: Forbes
Yesterday Corium International Inc . announced its shares were being purchased at a 50% premium to their closing price along with a Contingent Value Right by a private investment firm focused on healthcare and life sciences, Gurnet Point Capital . The chief asset in the acquisition is a Phase 3 clinical trans-dermal patch that delivers Donepezil used in the treatment of the symptoms of Alzheimer's disease . This premium price was paid even before final FDA approval of the therapy based on its trans-dermal patch delivery which avoids common side effects that include: loss of appetite, gastrointestinal upset, diarrhea, difficulty sleeping, vomiting and muscle cramping. Thus in the absence of new therapies, we are left with the improvement of delivery technologies as the only option to advance the care of Alzheimer's. The question is, why haven’t we been able to bring novel therapies to market? X-ray image of the brain. Medicine, science concept.
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