Capnia and Essentialis Announce Merger to Create Rare Disease Therapeutics Company

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Capnia (CAPN) Jumps 50% as Trading Resumes Following Merger Deal with Privately-Held Essentialis

December 27, 2016 9:17 AM EST

Capnia (NASDAQ: CAPN) resumed trading and is up 54% after the company and privately-held Essentialis, Inc. today announced their entry into a definitive merger agreement to create a rare disease therapeutics company. The combined company will be well-positioned to advance diazoxide choline controlled release... More