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Comprises small molecule FXR agonists for the treatment of liver diseases
January 6, 2015
By: Kristin Brooks
Managing Editor, Contract Pharma
Gilead Sciences has signed a definitive agreement to acquire Phenex Pharmaceuticals’ Farnesoid X Receptor (FXR) program of small molecule FXR agonists for the treatment of liver diseases including nonalcoholic steatohepatitis (NASH). Phenex will receive an upfront payment plus development milestones that may potentially be worth as much as $470 million. NASH is a common, serious chronic liver disease characterized by inflammation and excessive fat accumulation in the liver and may lead to prog...
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