Three-pronged COCN-Ciba deal

The deal between CoCensys and Ciba has three main elements: the co-development of Acea 1021; the building of a COCN sales force to co-promote four Ciba drugs; and the exercise by COCN of its option to acquire Acea Pharmaceuticals Inc.

Acea 1021 is a glycine antagonist. Blocking glycine in turn blocks the release of glutamate, which opens calcium channels and ultimately causes the death of neurons

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