The latest buyout buzz focuses on a small UK biotech spinout working on a new drug for women’s health.
Details are few and far between, but the company has a potential hormone replacement therapy called NT-814 that would fit the profile for Allergan’s BD team.
NeRRe Therapeutics, which spun out of GSK taking some unwanted programs in neurosciences, split off the women’s health biotech a few months ago.
KaNDy took a neurokinin-1,3 receptor antagonist — with potential as a hormone replacement therapy — with plans to take it into a Phase IIb study for postmenopausal vasomotor symptoms.
That would give Allergan some human data to look at as it beefs up that section of the pipeline, if a deal is completed.
KaNDy Therapeutics is led by managing director Mary Kerr and chaired by Iain Dukes, a venture partner at OrbiMed Advisors. The company is based at the Stevenage Bioscience Catalyst in the UK.
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