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Gout candidate leads $1.3 billion buyout
April 23, 2012
By: Gil Roth
President, Pharma & Biopharma Outsourcing Association
AstraZeneca will acquire Ardea Biosciences for approximately $1.26 billion. Ardea is focused on small-molecule therapeutics; its most advanced product candidate, lesinurad, is currently in Phase III development as a potential treatment for the chronic management of hyperuricaemia in patients with gout. Lesinurad is a selective inhibitor of URAT1, a transporter in the proximal tubule cells of the kidney that regulates uric acid excretion from the body, which is being developed as an oral, once-d...
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