TITLE

BELLUS HEALTH/CELTIC THERAPEUTICS DEVELOP KIACTA

PUB. DATE
June 2010
SOURCE
Worldwide Biotech;Jun2010, Vol. 22 Issue 6, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the final agreement signed by Bellus Health and Celtic Therapeutics for the development of the Phase III investigational product candidate KIACTA in the U.S. in June 2010. It says that Celtics Therapeutics will acquire the rights to KIACTA as well as the rights to license it worldwide, with upfront payments of 10 million U.S. dollars. According to the author, KIACTA is being developed to treat the life-threatening orphan disease called AA amyloidosis. The terms of the deal and its significance to both firms are also discussed.
ACCESSION #
51161380

 

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