Retrophin Completes Acquisition of Orphan Technologies

Retrophin, Inc. (NASDAQ: RTRX) announced Thursday the completion of its previously announced acquisition of Orphan Technologies Limited, a privately held, clinical-stage biopharmaceutical company focused on the development of product candidate OT-58 for the treatment of classical homocystinuria (HCU). OT-58 is a novel investigational human enzyme replacement therapy being evaluated in Phase 1/2 development for the treatment of classical HCU, a rare metabolic disorder characterized by elevated levels of plasma homocysteine that can lead to life-threatening thrombotic events such as stroke and heart attacks, ophthalmologic and skeletal complications, as well as developmental delay.

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Source: https://www.globenewswire.com/news-release/2020/11/12/2126038/0/en/Retrophin-Completes-Acquisition-of-Orphan-Technologies.html

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