COPENHAGEN Jan 3 Danish pharmaceutical
group Lundbeck has entered into a deal with U.S.
biopharmaceutical company Ossianix to allow the U.S. company to
generate biopharmaceuticals for the treatment of nervous system
disorders, Ossianix said on Tuesday.
The strategic investment by Lundbeck was in the form of a
convertible promissory note, Ossianix said, not offering further
"This will potentially give access to the development of
novel differentiated CNS (Central Nervous System) products,"
Ossianix said in the statement.
Lundbeck would retain the right to negotiate for certain
products and technologies arising from the research at Ossianix,
Lundbeck had said separately on Tuesday that its epilepsy
disorder drug Onfi was now available for prescribing in the
United States following recent approval by the Food and Drug