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Acadia seeking big-pharma partner for promising drug: ACP-103 could aid schizophrenia, insomnia.

Publication: San Diego Business Journal
Publication Date: 26-MAR-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Acadia Pharmaceuticals Inc. is hoping to keep the momentum going after better-than-expected results from a clinical trial for its schizophrenia drug made its stock price double.

The firm is seeking a large pharmaceutical partner to help it garner a chunk of the $15 billion schizophrenia drug market.

Chief Executive Officer Uli Hacksell said a big-pharma partner would help boost Acadia's drug, known as ACP-103, as it moves into third stage human clinical trials--the last required tests before consideration from the Food and Drug Administration.

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