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Amicus Therapeutics, Inc.
Drug Names(s): SD-101, Allantoin, SD-101 (Scioderm), SD101, SD 101
Description: SD-101 is a topical cream formulation of allantoin, which appears to have multiple wound-healing effects, including anti-inflammatory and antimicrobial activity and tissue formation and differentiation, specifically in stimulating development of granulations and a tendency towards epithelialization.
Amicus and Scioderm
In August 2015, Amicus and Scioderm have signed a definitive agreement under which Amicus will acquire 100% of the capital stock of Scioderm.
Amicus will acquire Scioderm in a cash and stock transaction. At closing, Amicus will pay Scioderm shareholders $229 million, of which $125 million will be paid in cash and $104 million will be paid through the issuance of 7 million newly issued Amicus shares. Amicus has agreed to pay up to an additional $361 million to Scioderm shareholders in cash or stock upon achievement of certain clinical and regulatory milestones and $257 million to Scioderm shareholders in cash or stock upon achievement of certain sales milestones. If Zorblisa is approved, EB qualifies as a rare pediatric disease and a Priority Review Voucher will be requested. If the Priority Review voucher is obtained and subsequently sold, Amicus will pay Scioderm shareholders the lesser of $100 million or 50% of the proceeds of such sale....See full deal structure in Biomedtracker
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