New Name, Money: Metabolex’s Gout Drug Advances at Cymabay
By Jennifer Boggs
Tuesday, December 3, 2013
Three years ago, Metabolex Inc. seemed on the road to success, with a promising gout drug reporting Phase II data and three pharma partnerships inked in quick succession. But then partner Sanofi SA dropped out of a diabetes deal in 2011 and for two years the Hayward, Calif.-based biotech appeared to go dormant.
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