Abbott has
agreed a deal to acquire a promising new kidney drug, AP214, from manufacturer
Action Pharma for $110 million (68.17 million pounds).
The purchased compound is in development to prevent acute kidney injury among major cardiac surgery patients who are at increased risk, with data from a phase IIb trial showing its safety, efficacy and tolerability.
The purchased compound is in development to prevent acute kidney injury among major cardiac surgery patients who are at increased risk, with data from a phase IIb trial showing its safety, efficacy and tolerability.