Kymo Therapeutics formed by Metabrain Research and Medicxi
French biotech firm Metabrain Research, focused on the early development of drugs for the treatment of type 2 diabetes and inflammatory diseases, has signed an agreement with Medicxi, a European life sciences venture capital firm, for the inception of Kymo Therapeutics, incorporated in Cambridge, UK.
Kymo Therapeutics’ ambition is to move forward Metabrain Research’s proprietary program on kynurenine metabolism (KMO) inhibitors towards clinical proof of concept, before seeking partners to complete development and ensure commercialization.
Medicxi has committed up to 10 million euros ($11 million) to Kymo Therapeutics.
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