UPDATE : Friday, September 21, 2018
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Kwangdong licenses Canadian company’s nonsteroidal anti-inflammatory drug candidate
  • By Lee Han-soo
  • Published 2018.09.10 14:23
  • Updated 2018.09.10 14:23
  • comments 0

Kwangdong Pharmaceutical said Monday that it has signed a licensing agreement with Antibe Therapeutics, a Canadian pharmaceutical company, to gain exclusive domestic rights for ATB-346, a nonsteroidal anti-inflammatory drug candidate.

ATB-346 is a drug that improves the pain associated with rheumatoid arthritis and osteoarthritis. The treatment also enhances gastrointestinal disturbance, a side effect of the existing non-steroidal anti-inflammatory analgesic. Antibe Therapeutics is planning to proceed with phase 3 clinical trials and apply for a new drug application (NDA) to the U.S. Food and Drug Administration (FDA).

"As a result of recent clinical trials in Canada, ATB-346 has proved that it causes almost no gastrointestinal disturbances compared to conventional drugs," Antibe Therapeutics official said.

corea022@docdocdoc.co.kr

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