MonoSol Rx announced the change of its corporate name to Aquestive Therapeutics. The new name reflects the company's expanded capabilities in developing and commercializing a proprietary portfolio of medicines, initially focused on the central nervous system (CNS).

"As we prepare to seek approval and eventually commercialize products, it is important to capture the significant change in our business by transitioning to a new corporate name that portrays who we are and where we are going as a specialty pharmaceutical company with both powerful R&D and commercial capabilities. Ultimately, this will allow us to deliver to patients advanced treatments that can meaningfully improve their lives," said Keith J. Kendall, Chief Executive Officer of Aquestive. "Our recent NDA filing for clobazam, one of our three late-stage CNS products, is not only an example of the Company's growth, but underscores our commitment to leveraging our expertise and proprietary technologies to address true unmet needs in the marketplace."

The company is currently the exclusive global manufacturer of Suboxone sublingual film (buprenorphine and naloxone) and Zuplenz oral soluble film (ondansetron). Aquestive has products in development to treat epilepsy, amyotrophic lateral sclerosis (ALS) and anxiety/panic disorders.