Biotie Therapies is the result of a 2002 merger between three companies and, in 2011, the company acquired the Synosia pharmaceutical company.
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. 
