Volixibat gains FDA breakthrough therapy designation
The drug is under evaluation in Phase IIb studies for both primary sclerosing cholangitis under the VISTAS study and PBC under the VANTAGE study. This milestone is based on the
Armada Acquisition has entered a definitive business combination agreement with Brains Bioceutical that values the latter at an implied pre-money equity value of about $750m.
This collaboration will focus on developing new medicines for conditions such as metabolic dysfunction-associated steatotic liver disease (MASLD), utilising targets identified by insitro’s AI/ML-based platform. The new partnership