CYNAPSUS ANNOUNCES PROPOSED ACQUISITION OF ADAGIO PHARMACEUTICALS AND PRIVATE PLACEMENT
TORONTO, ONTARIO--(Marketwire - April 26, 2011) - Cynapsus Therapeutics Inc. (the "Corporation" or "Cynapsus") (CTH: TSX-V) is pleased to announce that it has entered into a preliminary agreement dated April 26, 2011 with Adagio Pharmaceuticals Ltd. ("Adagio") providing for the acquisition by Cynapsus of all of the issued and outstanding shares of Adagio in a share exchange (the "Proposed Transaction"). MORE>>