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flag Lee's Pharma acquires Staccato inhalation tech from Alexza, gaining IP, facility, and pipeline assets for CNS drug development.

flag Lee's Pharmaceutical Holdings Limited has acquired the Staccato One Breath Technology platform and related assets from Alexza Pharmaceuticals, expected to close by year-end 2025. flag The deal grants full ownership of the inhalation technology, including intellectual property, a GMP facility in Fremont, California, and rights to develop and manufacture Staccato-based drugs. flag It strengthens Lee's Pharm’s capabilities in central nervous system and neurodegenerative disorder treatments, eliminates future licensing payments, and integrates two Phase 2 pipeline assets for Parkinson’s disease and cyclic vomiting syndrome. flag The company also gains rights under a global agreement with UCB to supply Staccato alprazolam, currently in Phase 3 trials, with potential for up to $60.5 million in milestone payments, tiered royalties, and manufacturing revenue.

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