February 12, 2018 / 2:18 PM / 2 months ago

BRIEF-Cerecor To Acquire Avadel Pharmaceuticals' Pediatric Assets

Feb 12 (Reuters) - Cerecor Inc:

* CERECOR TO ACQUIRE AVADEL PHARMACEUTICALS’ PEDIATRIC ASSETS

* TRANSACTION IS IMMEDIATELY ACCRETIVE TO REVENUE AND EARNINGS

* WILL BUY AVADEL’S INTEREST IN AVADEL PEDIATRIC ASSETS FOR NOMINAL CASH PAYMENT

* AVADEL IRELAND TO DEVELOP,PROVIDE CO WITH 4 STABLE PRODUCT FORMULATIONS OF CO’S CHOOSING UTILIZING PROPRIETARY LIQUITIME,MICROPUMP TECHNOLOGY Source text for Eikon: Further company coverage:

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