QuickView: Late-stage specialty pharma
Paion is at an advanced stage in developing its ultra-short acting sedative remimazolam in pivotal studies in the US in procedural sedation. Paion has also launched the Phase III European study in lead indication general anaesthesia, focusing on efficacy and safety vs standard of care. Paion is evaluating its commercial options in the US, Europe and Japan, which will determine potential deal economics.Paion is a holding company. Through its subsidiaries, Co. is a biopharmaceutical company focusing on developing and commercializing drugs to be used in out-patient and hospital-based anesthesia, sedation and critical care services. Co.'s key compound is Remimazolam, an intravenous ultra short-acting and controllable anesthetic/sedative drug candidate in advanced stages of development for use in procedural sedation and general anesthesia.
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