Vanda Pharmaceuticals Inc. /
Actelion Pharmaceuticals Ltd.
Vanda Pharmaceuticals Inc. acquires rights from Actelion Pharmaceuticals Ltd.




What happened
Vanda Pharmaceuticals Inc. acquired U.S. and Canadian rights to PONVORY ® (ponesimod), a treatment for adults with relapsing forms of multiple sclerosis.
Vanda paid $100 million for the rights. Janssen will continue operations during a transition period as the parties transition regulatory and supply responsibility to Vanda.
The source
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Vanda Pharmaceuticals Inc. acquires rights from Actelion Pharmaceuticals Ltd.
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