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Sumitomo Dainippon Pharma Co., Ltd.
Drug Names(s): DSP-225289, SEP-0225289, SEP-289
Description: SEP-0225289 is a triple-reuptake inhibitor. It inhibits the reuptake of the catecholamines serotonin, norepinephrine, and dopamine after they have been released from nerve endings.
Deal Structure: SEP-0225289 was originally developed by Sepracor.
In September 2009, Dainippon Sumitomo Pharma (DSP) and Sepracor announced that they entered into a definitive agreement pursuant to which DSP will acquire Sepracor for approximately $2.6 billion through a cash tender offer of $23.00 per share. The acquisition was completed in October 2009.
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