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Drug Names(s): Col-101, doxycycline
Description: Periostat is a formulation of doxycycline, an antibiotic that disrupts protein synthesis by binding to the 30S sub-unit of the protein synthesis machinery.
Deal Structure: In February 2008, CollaGenex Pharmaceuticals announced that it entered into a definitive merger agreement with an affiliate of Galderma Pharma S.A. Upon completion of the merger, CollaGenex will become a wholly-owned subsidiary of Galderma.
In April 2008, CollaGenex became a wholly-owned subsidiary of Galderma.
Pink Sheet In Brief: CollaGenex Periostat
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