AM-Pharma is acquired
AM-Pharma BV of the Netherlands is being acquired by a specialist healthcare company in the UK in a deal that will see its enzyme replacement therapy for hypophosphatasia (HPP) advance to Phase 2. The buyer is Ambrose Healthcare Ltd which already has two rare disease programmes in its portfolio and is positioning itself for more. This comes at a time when the US Food and Drug Administration is updating its guidance for the developers of drugs for rare diseases. Current estimates put the number of these diseases at 7,000 to 10,000 globally.
