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Aderis Pharmaceuticals, Inc.

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Aderis Pharmaceuticals, Inc.
ISIN🆔
IndustryPharmaceuticals
Founded 📆1994
Founder 👔
Headquarters 🏙️,
Hopkinton, Massachusetts
Area served 🗺️
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

Aderis Pharmaceuticals is a privately held pharmaceutical company based in Hopkinton, Massachusetts. It was founded in 1994 to develop and commercialize pharmaceuticals.[1] It is best known for the development of Rotigotine, a dopamine agonist, formulated as a daily dermal patch for the treatment of Parkinson's disease.[2][3]

As of 2001, the company did not have a commercial product and was surviving on licensing fees and milestone payments, losing more than $10 million that year.[4] In 2003, the company made an initial public offering, but subsequently withdrew this offering due to a declining market for such offerings at the time.[5]

See also[edit]

  • Rotigotine, which Aderis acquired, developed and out-licensed

References[edit]

  1. "Fierce 15 2003: Most Promising Biotechs of 2003". FierceBiotech. 20 July 2003. Aderis Pharmaceuticals. Retrieved 2022-04-10.
  2. Egan, Mary Ellen (23 April 2004). "Putting a Patch on Parkinson's Disease". Forbes. Retrieved 2022-04-10.
  3. Morrison, Trista (19 April 2003). "Fighting For Control". Spring 2003 Senior Edition. The Post-Star. p. 17. Retrieved 2022-04-12 – via Newspapers.com.
  4. Hennessey, Raymond (9 April 2002). "Biotechnology firm, airline testing investors with IPOs". eBusiness. Lansing State Journal. Dow Jones News Service. pp. 6D. Retrieved 2022-04-12 – via Newspapers.com.
  5. Krasner, Jeffrey (24 November 2003). "Biotech firms rethinking IPO plans". Business & Innovatoin. The Boston Globe. pp. F5. Retrieved 2022-04-12 – via Newspapers.com.

External links[edit]

Official site



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