Claim: Biotie Therapies is the result of a 2002 merger between three companies and, in 2011, the company acquired the Synosia pharmaceutical company.
Evidence: Biotie Therapies was formed in the merger of Biotie Therapies Corp. (incorporated in 1998), Oy Contral Pharma Ltd and Carbion Inc in the year 2002. In 2011, Biotie acquired a pharmaceutical company Synosia.