CNS Therapeutics

Devices & Diagnostics

Covidien’s pharma business buys CNS Therapeutics for $100 million

Mallinckrodt, the soon-to-be spun-out pharma business of  Covidien, is buying a Minnesota company that is developing drugs to treat neurological disorders and severe chronic pain by delivering them to specific locations in the central nervous system. The  Hazelwood, Missouri unit of Covidien announced Monday that it is acquiring CNS Therapeutics’ outstanding capital stock for $100 […]

News

FDA approves CNS Therapeutics drug to treat movement disorder

Drug companies are rare in medical-device crazed Minnesota. Even more rare is a startup that can win approval from the Food and Drug Administration, given the cost and regulatory hurdles of pushing drugs to market, these days. So it’s heartening to see the FDA approval of Gablofen (who thinks of these names anyway?), a movement […]