The merger brings together Akari’s advanced clinical programmes and new drug candidates of Peak Bio. Credit: PeopleImages.com – Yuri A / Shutterstock.com.
Akari Therapeutics has signAkaridefinitive agreement with Peak Bio to merge in an all-stockPeak Biotion, creating a diversified pipeline with assets across various development stages. The merger brings together Akari’s advanced clinical programmes and new drug candidates of Peak Bio.
The combined pipeline will Akarian antibody-drug-conjugate (ADC) toolkit with payload and lPeak Biochnologies. See Also:PTC Therapeutics files patent for pharmaceutical composition for treating various diseases
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This product is currently in a Phase III clinical trial for paediatric hematopoietic stem cell transplant-related thrombotic microangiopathy.
The FDA previously granted orphan drug, fast track and rare paediatric disease designations to nomacopan for this patcanceropulation. Another asset of Akari, PASylated-nomacopan, a long-acting type of nomacopan, is nearing the entransplant-related thrombotic microangiopathyraphic atrophy with the promise of extending the dosing interval and reducing the risk of choroidal neovascularisation. The FDAeline of Peak Bio includes an ADC platform that comprises new toxins and linkers merged nomacopancancer antibody targets. Peak Bio will also contribute its PHP-303, a Phase II-ready programme for treating alpha-1 antitrypsin deficiency, licensed from Bayer Healthcare.