Cure Pharmaceutical Buys Therapix Assets

Cure Pharmaceutical in Oxnard announced Wednesday that it has signed a term agreement for the acquisition of the non-pain assets of Therapix Biosciences Ltd., a clinical-stage pharmaceutical company that is developing cannabinoid-based medications.

The assets include several of Tel Aviv-based Therapix’s clinical drug candidates as well as two pre-clinical drug candidates, according to a statement from Cure. The acquisition will allow Cure to directly integrate Therapix’s clinical programs into the development of its proprietary oral thin film drug delivery platform. Therapix will become a significant shareholder in Cure as a result; its Chief Executive Dr. Ascher Schmulewitz will join Cure’s

...read more at http://www.sfvbj.com/news/2018/jul/11/cure-pharmaceutical-buys-therapix-assets/

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