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Kitov Enters Immuno-Oncology Field Through Acquisition of TyrNovo

TyrNovo’s NT219 drug candidate works by overcoming tumors’ cancer drug resistance

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Kitov Pharmaceuticals has expanded its pipeline through the acquisition of TyrNovo, a privately held developer of novel small molecules in the immuno-oncology therapeutic field, for $3.8 million. The expansion into developing immuno-oncology drugs comes as Kitov plans to file its New Drug Application (NDA) with the FDA for its flagship combination drug, KIT-302, which is intended to treat osteoarthritis pain and hypertension simultaneously, in Q1 2017, with commercial launch anticipated for t...

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