TetraLogic Acquires Shape Pharmaceuticals, Inc.

TetraLogic Pharmaceuticals Corporation has entered an agreement to acquire Shape Pharmaceuticals, a biotechnology company.

Shape Pharmaceuticals is developing SHAPE, which is a tissue-targeted HDAC inhibitor in a topical gel formulation to treat stage IA-IIA Cutaneous T-Cell Lymphoma.

J. Kevin Buchi, TetraLogic's President and CEO said, "We are pleased to have augmented our oncology pipeline with this Acquisitions. We are encouraged with SHAPE's clinical data to date, specifically the response rate and early onset of action, and we expect to advance it into Phase 2 trials later this year with a goal of evaluating the 6 month efficacy of SHAPE in Stage IA-IIA CTCL patients."

Learn more at TetraLogic's website: http://ir.tetralogicpharma.com.