Lee's Pharmaceutical Acquires Staccato One Breath Technology and Global Rights to Alprazolam

Reuters
2025/12/09
Lee's Pharmaceutical Acquires Staccato One Breath Technology and Global Rights to Alprazolam

Lee's Pharmaceutical Holdings Limited is acquiring the Staccato® One Breath Technology® (OBT®) platform and related assets, including global rights as licensor and manufacturer for Staccato® alprazolam, as part of an expanded partnership with UCB. The Staccato® OBT® platform is a proprietary inhalation technology with applications in central nervous system and neurodegenerative disorders, already validated by the approved product Adasuve® and several late-stage development programs. This transaction will also integrate two Phase 2 clinical-stage CNS assets targeting Parkinson's disease and Cyclic Vomiting Syndrome into Lee's Pharm's portfolio. Upon completion, Lee's Pharm and its partner NPI stand to receive up to US$60.5 million in milestone payments, as well as tiered royalties and manufacturing revenue from global sales of Staccato® alprazolam. The transaction is expected to close by the end of 2025, subject to certain conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lee's Pharmaceutical Holdings Limited published the original content used to generate this news brief via PR Newswire (Ref. ID: CN42284) on December 09, 2025, and is solely responsible for the information contained therein.

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