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Mergers & Acquisitions

Astellas acquires Nanna Therapeutics

by Lisa M. Jarvis
April 24, 2020 | A version of this story appeared in Volume 98, Issue 16
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Astellas Pharma paid roughly $15 million to acquire UK-based Nanna Therapeutics, which is developing therapies that modulate function of the cell’s power source, mitochondria. Nanna’s DNA-encoded library (DEL) and screening platform allow it to conduct phenotypic screens that it says were not possible with older generations of DELs. Astellas says the addition will accelerate its research into autophagy, mitophagy, aging, and immunometabolism.

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