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Gains lead product candidate, KAI-4169
April 10, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
Amgen will acquire KAI Pharmaceuticals, a privately held pharmaceutical company based in South San Francisco, for $315 million in cash. KAI’s lead product candidate, KAI-4169, is a novel drug being studied for the treatment of secondary hyperparathyroidism (SHPT) in patients with chronic kidney disease (CKD) who are on dialysis. Amgen will acquire worldwide rights to the drug, excluding Japan. In connection with the agreement, Amgen has provided a loan for Phase III development for KAI-4169 pri...
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