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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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