JP Morgan Securities LLC and Wilson Sonsini Goodrich & Roasati provided advice to SARcode
.Country: USASector: Pharmaceuticals, BiotechnologyTarget: SARcode
Bioscience IncBuyer: Shire Plc Deal size in USD: 160mType: Corporate acquisitionStatus: AgreedBuyer advisor: Davis Polk LLP, Barclays Plc Comment: Deal size refers to the minimum price.
Through the purchase, the buyer will gain the global rights to SARcode
's lead compound Lifitegrast, currently in phase 3 studies for the treatment of signs and symptoms of dry eye.
The treatment is homeopathic, involving a proper combination of isodes, or energetic copies of toxic substances and infectious agents, as well as sarcodes
, or energetic copies of the internal organs.
Even today, the use of zoo-therapeutics is in currency as sarcodes
, nosodes and isodes in Chinese, Ayurvedic, Unani, Allopathic and Homeopathic medical systems.
Frozen Tissue from which the DNA extract of Sarcodes
sanguinea was derived is maintained at the Department of E.S.P.M., University of California, Berkley.