Ember Therapeutics to merge with Mariel Therapeutics

12 March 2015

Ember Therapeutics, a US biotech company focused on obesity and diabetes therapies, is to merge with Mariel Therapeutics, a New York-based biotech company developing osteoarthritis and kidney fibrosis therapies.

The combined entity will be named Ember Therapeutics, and is planning to continue in all previous therapy areas. The combined clinical pipeline will include four drugs in development, one of which has completed Phase II trials in osteoarthritis, and three of which are preparing to enter Phase I.

The financial terms of the agreement were not disclosed.

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