Gilead offloads a PhII-ready addiction therapy to an upstart which knows this drug well
Eight years ago, Gilead snapped up CV Therapeutics and its angina drug Ranexa for $1.4 billion, looking to beef up its portfolio of cardio drugs. But one of the assets it picked up, an ALDH-2 inhibitor dubbed GS-6637, never made it far in the clinic.
Tested for drug addiction, it cleared Phase I and sat at the bottom of Gilead’s pipeline for liver disease.
Now, though, a group of those ex-CV execs have come back together to create Amygdalla Neurosciences and went back to Gilead to pick up the asset with plans to get into a Phase II study.
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