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Allergan plc

Drug Names(s): FXR Agonist Program (Akarna), AKN083, AKN 083

Description: FXR is a nuclear hormone receptor expressed in the liver, intestine, kidney and fat (adipose) tissue. Akarna is developing a small molecule, non-bile acid FXR agonist that has high affinity, potency and selectivity for FXR.

Deal Structure: Allergan and Akarna
In September 2016, Allergan announced that the Company has acquired Akarna Therapeutics for an up-front payment of $50 million, subject to certain adjustments, as well as potential clinical, regulatory and commercial milestone payments related to its lead development compound, AKN-083. In addition to AKN-083, the acquisition also includes a portfolio of additional development-stage FXR compounds.

AKN-083 News

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