Islet Sciences gains certain rights for Phase II SGLT2 inhibitor remogliflozin

3 March 2015
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US biotech firm Islet Sciences (OTCBB: ISLT) has entered into a license agreement with Brighthaven Ventures (BHV) for exclusive rights to develop and commercialize SGLT2 inhibitor remogliflozin etabonate.

Remogliflozin is in Phase IIb development for type 2 diabetes and non-alcoholic steatohepatitis (NASH).

Financial terms

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