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Business
Japanese, Swiss Form Cambridge Biotech
by Michael McCoy
June 15, 2015
| A version of this story appeared in
Volume 93, Issue 24
Japan’s Astellas Pharma and Switzerland’s Anokion are joining to create a new company, Kanyos Bio, based on technology from Anokion, a spin-off from Switzerland’s ETH Lausanne. Anokion has developed antigen-specific immune tolerance technology to reduce the immunogenicity of therapeutic proteins and treat autoimmune and allergic diseases. Kanyos will launch in Cambridge, Mass., with $16 million in financing and will target treatments for type 1 diabetes and celiac disease.
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