Orphai Therapeutics joins Quince in major acquisition
The transaction adds LAM-001 to Quince’s pipeline and provides upfront financing to fund Phase 2 trials through 2028.
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Biotechnology company developing inhaled treatments for serious pulmonary diseases
orphai-therapeutics.comLast updated
In short: Orphai Therapeutics was acquired by Quince Therapeutics to advance its pulmonary drug pipeline following positive Phase 2 clinical data.
The transaction adds LAM-001 to Quince’s pipeline and provides upfront financing to fund Phase 2 trials through 2028.
Quince shows clinically meaningful improvements in lung function and hemodynamics for PH-ILD patients during the May 18 conference call and webcast.
The NEAT Phase 3 trial for Ataxia-Telangiectasia missed statistical significance, leading the company to halt development and preserve cash while exploring other options.
Results from the multicenter open-label study of LAM-001 as add-on therapy in pulmonary hypertension patients will be presented orally at the conference in Orlando.
Acquisition includes LAM-001, an inhaled formulation of rapamycin for multiple pulmonary diseases, including pulmonary hypertension associated...
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