United States. Food and Drug Administration

Pharmaceutical industry

Clinical Data Completes Strategic Transition to Pharmaceutical Company with PDUFA Date for Vilazodone

Clinical Data, Inc. has signed a definitive asset purchase agreement with Transgenomic, Inc. to sell its genetic and pharmacogenomic testing and biomarker development business for approximately $15.4 million. This sale completes Clinical Data's transformation to a pharmaceutical company, focusing on advancing its late-stage therapeutic programs, including vilazodone,