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Baxter has acquired AesRx, a Newton, Mass.-based biotech firm focused on orphan diseases. Baxter gains Aes-103, a small molecule that targets the underlying mechanism of sickle cell disease, a genetic blood disorder that affects roughly 100,000 people in the U.S. The deal marks the first acquisition of a drug candidate developed using resources from NIH’s National Center for Advancing Translational Sciences’ TRND program, which supports research on rare and neglected diseases. TRND and AesRx scientists jointly developed Aes-103 from preclinical studies through a successful Phase II trial.
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