Claim: In 2010 Biotie Therapies attempted but ultimately failed to acquire Elbion GmbH, a German pharmaceutical company in Radebeul, a suburb of Dresden.
Evidence: In 2008, Biotie Therapies acquired the German pharmaceutical discovery and development company Elbion GmbH in Radebeul. Radebeul is a town (große Kreisstadt) in the Elbe valley in the district of Meißen in Saxony, Germany, a suburb of Dresden.