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Mergers & Acquisitions

Genentech buys liver disease–focused Jecure

by Lisa M. Jarvis
December 1, 2018 | APPEARED IN VOLUME 96, ISSUE 48

 

Genentech has agreed to buy Jecure Therapeutics for an undisclosed sum. San Diego–based Jecure came out of stealth last year with $20 million from Versant Ventures to develop small molecules for nonalcoholic steatohepatitis (NASH), a serious liver disease. The deal gives Genentech a portfolio of early-stage compounds that block NLRP3, an immunomodulatory protein that helps trigger cellular inflammatory responses. In addition to NASH, NLRP3 inhibitors could be relevant in gout, inflammatory bowel disease, and cardiovascular diseases.

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