Lee's Pharmaceutical Acquires Staccato One Breath Technology and Global Rights to Alprazolam
Reuters
Dec 09, 2025
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.
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