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Proposed merge of Follicum and Coegin Pharma
The boards of Coegin Pharma and Follicum have assumed a merger plan in order to implement a merger of Coegin Pharma and Follicum through a limited company legal fusion.
The fusion will be implemented by Follicum being absorbed by Coegin Pharma.
Read more: Follicum pauses all of its development projects
Coegin Pharma
Coegin Pharma is a biotechnology company focusing on the development of small-molecule drug candidates for the treatment of cancer. The therapeutic platform is based on selective inhibition of the key enzyme cPLA₂α, which plays a central role in inflammation and uncontrolled cell growth. The enzyme is thoroughly validated, both pre-clinically and clinically, and is a relevant therapeutic target in a range of cancers and inflammatory diseases. The company advances development of drug candidates to either Phase IIa or Phase IIb and subsequently out-licenses the development projects to major international players.
Photo: iStock
Published: September 22, 2021
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