Breaking News

Catalyst Completes Targacept Merger

The company now has $39 million in cash to advance R&D efforts

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Catalyst Biosciences, Inc. has completed the merger with Targacept, Inc. The combined company has approximately $39 million in cash to advance its R&D efforts, including the clinical development of CB 813d, Catalyst’s next-gen, long-acting coagulation Factor VIIa. CB 813d has demonstrated initial safety and pharmacologic activity to support Phase II trials in 2016 for the potential treatment of bleeding in hemophilia patients with inhibitors.   In connection with the merger, Targacep...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters