Acadia Pharmaceuticals (ACAD) announced that it has signed an exclusive worldwide license agreement with Saniona, a Denmark-based clinical-stage biopharmaceutical company, to develop and commercialize SAN711, a first-in-class, highly selective GABAA-α3 positive allosteric modulator. As its first indication, Acadia plans to study SAN711 for essential tremor, a neurological condition that includes shaking or trembling movements in one or more parts of the body. The company is gearing up to initiate a mid-stag ...