Breaking News

Biotech Consortium Launches KPI Therapeutics

June 5, 2014

Aims to speed drug development

A consortium of five biopharma firms and private investors have launched KPI Therapeutics, Inc. with the goal of speeding development of promising drug candidates. KPI research partners include MPI Research, Chimera Biotec, Life Chemicals, Medical Marketing Economics (MME), and Kineta, all of which are experienced in translational drug development.
 
KPI’s partners and investors will supply funding and expertise in an effort to make the early clinical drug validation process more efficient and to improve investor outcomes. Initially, KPI will focus on the most advanced projects within Kineta’s drug pipeline, and then intends to identify and advance programs from other industry sources.
 
KPI’s lead candidate, ShK-186, is a novel, immune-sparing therapeutic in Phase I development that has shown preclinical activity in psoriatic arthritis and other autoimmune diseases such as rheumatoid arthritis, lupus, multiple sclerosis, and asthma. KPI’s portfolio also includes compounds for antiviral and non-narcotic pain therapies.
 
“Despite recent advances in scientific knowledge and reports of promising new medicines from early stage discovery, we have not seen a concurrent surge in innovative therapies for patients reaching the market,” said Charles Magness, president and chief executive officer of Kineta and KPI board chairman. “KPI is designed to bring the capabilities of world-class drug development players and investors into a collaborative alignment where all patients, partners, and investors can benefit.”
 
Paul Sylvester, chief financial officer of MPI Research, a global CRO, and KPI board member, added, “We have enjoyed our existing partnership with Kineta and look forward to this new, expanded relationship, particularly because MPI Research is committed to supporting initiatives that build time and cost reductions into the drug development process.”
 

Related Contract Manufacturing:

Related Compliance:

blog comments powered by Disqus
  • FDA & Drug Development

    FDA & Drug Development

    Rachelle Du2019Souza, Regulatory Heights Inc.||September 8, 2016
    You must perform the necessary due diligence to stay on top of regulatory developments

  • The Role of Alliances in Modern Drug Development

    The Role of Alliances in Modern Drug Development

    Dr. Claire Madden-Smith, Senior Vice President, Juniper Pharma Services||September 8, 2016
    Combining expertise to get drug candidates through development

  • Limiting APIs in Manufacturing Effluent

    Limiting APIs in Manufacturing Effluent

    Joan Tell, Robert Drinane, Bruce Naumann, Jessica Vestel, and Gregory Gagliano, Merck & Co., Inc.||June 2, 2016
    An approach for setting limits on pharmaceuticals discharged in manufacturing effluent