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Saniona AB: Saniona Receives U S FDA Orphan Drug Designation for Tesomet in Prader-Willi Syndrome

Investegate |Saniona AB Announcements | Saniona AB: Saniona postpones 2020 year-end financial report due to restatement and re-audit of prior period financial statements in line with U S PCAOB audit standards

Saniona AB: Saniona received approximately USD $2 9 million (SEK 24 2 million) upfront payment in connection with Cadent Therapeutics transaction

Saniona AB: Saniona received approximately USD $2.9 million (SEK 24.2 million) upfront payment in connection with Cadent Therapeutics transaction January 25, 2021 Saniona (OMX: SANION), a clinical stage biopharmaceutical company focused on rare diseases, today announced it received approximately USD $2.9 million (SEK 24.2 million) in an upfront payment resulting from the now completed acquisition of Cadent Therapeutics by a third party. Saniona holds an ownership stake of approximately 3% in Cadent Therapeutics resulting from Cadent s previous acquisition of the Saniona spin-out Ataxion, which was created to leverage Saniona s ion channel expertise for the treatment of movement disorders. Saniona previously announced the planned acquisition and its ownership stake in December 2020.

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